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@catch0x22.eth
defi eco getting up in arms about researchers or vitalik not pumping their bags is why Ethereum will remain on top could easily argue that because of ETH economic security, it's able to have cash positive business on top programmable gold the issue is whether or not you trust large stakers or more specifically colluding stakers it is also a very real possibility as well that other chains attract enough talent from Ethereum that it stagnates probably more dependent on where the future leads RE economic security worldwide. if VCs can't ZIRP up new chains every 6 months, then the mindshare goes back to BTC/ETH
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@m-j-r.eth
ultimately, ETH is chicken-and-egg for network security. if L1 isn't the critically secure basis of future applications (even if they just juggle between rollups), it's really hard to see "WW3-resistant state" as a monetary hedge. imho, RE & gigs are the two forks of "cash-positive" business. one has equity, and the other should as well. 11x valuation on a based L+ w/ gigagas seems like nothingburger. if we demonstrate a closed-loop surplus on property with equity, then compound that by network security into perpetuity, then I think the intergenerational SoV can be tokenized, which Bitcoin can't do to the same extent. atm, it's encumbered in a way that a VCchain's culture can capitalize on more futureproofing at the application layer. it seems pretty clear that ETH-native VCs have overindexed on spendthrift picks & shovels, so I'm kind of waiting for a BNB/Tron-shaped shoe to drop where there's significantly less red tape, lifestyle creep, & unsaturated market.
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@catch0x22.eth
a lot of that is over my head normies just need to recognise blockchain systems as an alternative outlet for governance. genuinely think it'll be DAOs which di this, it just won't be anything we expect. it'll be like a meme response DAO to something already in the public eye i think most of what drives crypto is ego. people want a satoshi or a vitalik or mert to follow. unless it's blackrock that pushes out their own chain but I think they love the chaos and would rather build a state on ETH and every chain
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