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Don't underestimate CZ. He deserves respect. When the intrinsic value of an industry falls short of the capital it has absorbed, society tends to view this as a "sin." In such cases, the ones labeled as sinners are
Having a token does not magically bootstrap network effects. This was the old mantra in crypto and some people seem to still believe it. At best, a token can help bootstrap the supply side of a network. But the demand side comes from a great product & GTM, not from a token.
In only four years, we built Ethereum's L2 model from nothing to a hundred+ L2s, a dozen L2 tech stacks, and $35B TVL, all while navigating a hostile administration. Imagine what we will do over the next four years in partnership with a supportive administration.