Imagine the Balaji hyperbitcoinization thing ends up real and he was just a year early

is balaji actually bullish on ETH if this happens or not?

working on meta.matcha.xyz, yc alum, @orangedao

i mean btc going to 1M will elevate the entire asset class

The impt question is whether these other coins like ETH outperform btc on the way up or not

My hypothesis would be no, because the buyer of BTC in this scenario is buying it as a hard money store of value, they are not interested in the world computer or crypto as a technology or whatever

Balaji is prob bullish ETH but that’s independent of this whole thing

as long as ETH survives and goes up i'm happy, adjusted my expectations

Feel like btcdom is just the first step - nation states, institutions just now accepting hard money sov. But I think they go down the line and start accepting world computer, hypertokenization, etc, or at least bring enough legitimacy to crypto that the mythical “normie” starts to want some of that