Ethereum

We’re not early... crypto is 16+ years old and tokens are worth $3.5T

The by far #1 PMF is alternative store-of-value: people hold these assets for years, this includes coins with zero real use (you know the ones)

There’s PMF in stablecoins and unregulated degen casino too, but they’re far behind SoV

To be a good SoV, you need to be long-term secure and sustainable

Bitcoin ignores its long-term risks. Ethereum is building to confront them:
- Low, predictable issuance
- Strong social layer
- Credible neutrality
- Path to full ZK verification
- Ossified settlement layer

You have to earn SoV status, not just meme it, jobs not finished

/ethereum foundation | opinions are my own but more than likely they come from Vitalik's blog paragraph.xyz/@chaskin

Because of Bitcoin’s halvings and 21m hard cap, it shifts its security from issuance to fees. But there are barely any fees. Miners will shut down because it’s not profitable, and it’ll be easier to 51% attack. The community mostly ignores the problem. Justin Drake wrote a detailed post on this if you want to dive deeper

Cohost of /gmfarcaster, a live stream Farcaster news show.  Engineer. Mom x 3.

Tysm. Hadn’t heard this before but i get the argument. Will read up on it 
Ps I love Bitcoin and Ethereum

Because of Bitcoin’s halvings and 21m hard cap, it shifts its security from issuance to fees. But there are barely any fees. Miners will shut down because it’s not profitable, and it’ll be easier to 51% attack. The community mostly ignores the problem. Justin Drake wrote a detailed post on this if you want to dive deeper
https://x.com/drakefjustin/status/1928025981270519924

What’s Bitcoin long term risk? Quantum compute breaking encryption?

Thank you!   The degen traders an VC money won’t say it but SoV is the corner store of the network.

I think stablecoins will be racing in the next few years. 5T in stables on Ethereum (4T on mainnet and maybe 1T on L2)