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gm to those in the United Crypto States of America

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you are ALWAYS going to have people who disagree with your decisions in an org like the EF, especially when enacting culture change the reality is a lot tough decisions have been made and still need to be made to ensure Ethereum remains competitive and the EF remains sustainable i think the mindset which permeated the org under prior leadership led to the EF operating too much like a "job for life" rather than a competitive and responsive org ready to adapt to changes in the environment in which Ethereum operates. i will probably piss some people off by saying this, but that has been my view as an outsider for a while the ideal EF model, imo, is one where you have continuity of mission and vision, but no individuals gain so much control that they can subjugate it in perverse ways. people should come, contribute to Ethereum being great, then go on into the ecosystem to add value to it based on that experience so i must say that i'm truly impressed with the open and proactive comms approach @tkstanczak has been taking in his very short tenure. most people wouldn't realize how exceptional this is because these are not the kinds of things they think about i do, and i can tell you this is exceptional (source: 15+ years of working with senior execs on org design and strategy)

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with fee burn in EIP-1559, Ethereum made a conscious decision to enrich ETH holders more than to enrich Ethereum Stakers specifically this was done intentionally, to limit the amount of wealth stakers would accrue over time while distributing that benefit diffusely to all ETH holders instead in the form of net supply growth which is substantially lower than Bitcoin's or any other major L1 asset Ethereum strives to be neutral, public infrastructure ANYONE can rely on much more than it tries to be a big tech corporation. its critics miss this and will keep missing it as the factor which makes Ethereum different the value of ETH comes from it being used a a commodity money and store of value asset in that system. it is this use, and almost nothing else, which has given it a marketcap of $300B to $600B this is just one of the many reasons why ETH is the best decentralized, programmable store of value asset in the entire world that's not an opinion. it is just a fact, decided by the market

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I regret some of my posts about ETH last week. They weren’t bullish enough.

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stablecoins are the “AOL moment” for public blockchains and Ethereum is the free and open financial internet they will connect to and eventually be consumed by i grew up on the Internet in the 1990s, and nothing has ever been so clear and obvious to see in my life (again)

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"ETH is even more overvalued today at $20,000 than it was at $2,500 less than a year ago" ~ concernoor, January 2026

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