Ethereum

the #1 thing that @solana has right now over @ethereum is people with money who are willing to deploy in a risk forward way at the edge and thereby push forward innovation. 

this is how innovation happens — but it's often messy in a way that can turn folks off (eg it's "just speculation"). but the lack of this means less capital bandwidth for ideas and experiments to both get funding and to break through into virality via price. memes and the innovation downstream of them are a prime example of this. 

if @ethereum wants to succeed, this needs to change — and we are seeing signs of it on @base, but it's still early and  we need a lot more help. 

so let this be a call to action: if you are someone who believes in Ethereum, holds significant amounts of ETH, and wants the economy to grow, now is the time to step up.. 

if this is you, please DM or shoot me an email at jesse@base.org. will be coming up with a plan in the new year. 

🙏🏼

this is also along the lines of my hypothesis that you need more rich people on farcaster to help its projects. 

this is where degen breaking out to multi billions becomes important.

Unlearning. Full time product manager. Part time builder/tinkerer on farcaster. Bots: @nftsoffc.

hype newly minted many rich people who will invest a lot in their eco 

solana did the same 

for ethereum, the L2 fragmentation has been blamed a lot - but it is less about liquidity and imo more about fewer rich people who are ready to risk capital per chain.