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Thomas
@aviationdoctor.eth
> ETH needs its own Michael Saylor With all due respect to @sassal.eth and others who hold this view: I don’t think it does. The only reason BTC maxis love Saylor is because he holds the promise of pumping their bags. It’s a Faustian growth hack, though. If BTC moons, Saylor becomes its natural figurehead and spokesperson. If BTC dumps hard, $MSTR becomes a single point of cascading failure. Either outcome is terrible. It would be much more antifragile for BTC to achieve the same scarcity by being near-evenly spread across a large population. As for ETH, there’s only enough supply for every human on this planet to own 0.015 of it (~$50). Imagine a world with far fewer whales and much more krill — true abundance. To repeat: we don’t need a Saylor. Instead, we need to organically put ETH into as many hands as possible, which itself requires that we keep increasing its utility https://x.com/sassal0x/status/1870620451917209603
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@sassal.eth
I never said that Ethereum "needs" a Saylor-like figure so I don't know why you're putting words in my mouth?
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Thomas
@aviationdoctor.eth
Apologies if I misread, but i interpreted: > “I still think there is an absolutely massive opportunity for someone to become Ethereum's Saylor-like figure” as wanting / welcoming this to happen. I also linked to your tweet so people could read it verbatim. My point is about whether Ethereum needs a Saylor-like figure, as in, it would be beneficial to ETH (and I don’t think it would)
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Sassal.eth 🎩⛽
@sassal.eth
My real point is that there's an opportunity for someone to be the face of ETH and Ethereum to the outside "normie world" - that is something big that is missing from Ethereum right now imo. It would be directly conductive to getting more adoption of Ethereum across every vertical.
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Thomas
@aviationdoctor.eth
Thank you for clarifying. I still think theres an asymmetrical risk to having a figurehead associated with the project in the public mind. All things considered, Ethereum has done exceedingly well in just ten short years without a “face” — @vitalik.eth notwithstanding since he does not actively shill nor directly steer the project. On the downside, a figurehead exposes the project to that person’s quirks and flaws, including initially-undetected egomania or toxicity, as we have seen with so many other chains. That’s partly why I value the philosophy of subtraction — removing ourselves from the res publica / common good project, even if it means foregoing some marketing-fueled growth along the way. On the other hand, I value having multiple educators who relentlessly explain the project to normies in their own channels — as you do with your podcast, as Paul Brody does to the business community, as @nixo and @remyroy.eth do for aspiring stakers, as the r/ethfinance team does on Reddit, etc.
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@benido
I am really not sure if this is a bug or a feature. Given our culture and eg valuing permissionlessness (is that a word?) and neutrality I think the risk is way higher than the potential positive outcomes. I am not sure we as a community would fight toxic ETH Saylors enough and a hostile take over is the last thing I need now is
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