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Devin Baker
@devinbaker.eth
I find this the heart of the pro-ETH side of the ETH L1/L2 vs. SOL debate Generally, the argument seems to have coalesced around ETH being valued more as a commodity asset, not a cash-flowing asset Whether or not you agree is a different question My stance is to have exposure to both, since I find both sides of the argument very plausible What do you think? https://x.com/samkazemian/status/1850680421404791154
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Myles
@myles-cooks
My thoughts related to this: https://x.com/myles_snider/status/1851023975633338747
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Devin Baker
@devinbaker.eth
Saw this, I find it super interesting I'm not *fully* convinced of any 1 of these narratives enough to exclude the others out of my portfolio, so my L1 portfolio is: ~50% BTC ~25% ETH ~25% SOL I'm thinking of moving some of my ETH to get greater exposure to leading L2s to hedge the end state possibility that they do "steal" more value away from ETH, but my main idea is to play all of them until and as new data/theories come out that sway my conviction Thanks for the thoughts š«”
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Devin Baker
@devinbaker.eth
@myles-cooks what's your portfolio (real or hypothetical) here? My other meta thesis is that over time more value will go to app layer, so L1s in my portfolio will go down as % of total overall, over time
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Myles
@myles-cooks
I'm like 90% BTC and the rest SOL and a few memecoins. I own basically zero ETH (I know that's not very popular here). But I also optimize for not having to trade the core portfolio much. Just buy and hold.
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