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SBET implied valuation of ~$2B with $425M ETH injection
seems reasonable, and possibly cheap if they can pull anything resembling a MSTR
#ETH
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i see a lot of people speculating that ETH breaking out will be better for their non-Ethereum bags lads, what if it’s like what happened to BTC when it got Wall St adoption and it just ran hard and no oxygen for anything else what if that happens for ETH & friends? u be mad??
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ex-Goldman Sachs tech exec Ethereum co-founder now he's gonna drop $425M into ETH via publicly-listed SBET vehicle on Nasdaq Joseph Lubin is not just gonna be the Michael Saylor for ETH, but i'll bet he's gonna help bring Ethereum and its apps to all of Wall Street
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Ethereum accelerates much more quickly from here in every way possible to those who stood alongside and believed in the decentralized vision through max FUD it's been an honor 🫡
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absolutely wild to me that some look at Ethereum and say “yah, that’s not ambitious enough because the L1 doesn’t crank out enough tps today” while Ethereum is literally working to create an alternative to the global financial system for the modern digital era (h/t @ethereumJoseph) that requires not just tps, but deep, deep trust no other network is working to provide like Ethereum is how much more ambitious can you possibly get??
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absolutely wild to me some look at Ethereum and say “yah, that’s not ambitious enough because the L1 doesn’t crank out enough today” while Ethereum is literally working to create an alternative to the global financial system for the modern digital era (h/t @ethereumJoseph) that requires not just tps, but deep, deep trust how much more ambitious can you get??
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