This makes one think how dramatic the fed’s easing scale will be when it’s needed. It’s a trend and a race between developed countries.

Tradfi will have a much easier time allocating to a tech driven play like ETH than BTC as digital gold

First BlackRock then Trump and now Goldman. How many more signals do you need to make conviction? And you are still bearish!

Tangentially, all other value accrual mechanisms in crypto should be minimised to remain competitive with non-crypto solutions

Fees, commissions, margins, and yes, tokens, all of that needs to tend towards zero

Tokenless, governanceless, intermediariless, non-profit protocols are the true USP

PS: only applies for valuable 3-5 usecases where strict global consensus is useful, for everything else non-crypto is simply better

terminat1447

@eragon5014