“There’s going to be a million x demand for blockspace from where we are today. If Ethereum was at a fee maximizing phase of its lifecycle at this point I would have very deep concerns. Because really what we want to do is grow as aggressively as possible.”
$70B of crypto VC money has been raised since 2020. Desire for quick liquidity from institutional LPs has created company coins with high insider ownership, highly coordinated marketing efforts and government lobbying.
People may soon wake up to the difference between credibly neutral stores of value and company coins.
$70B of crypto VC money has been raised since 2020. Desire for quick liquidity from institutional LPs has created company coins like XRP, BNB and SOL with high insider ownership, highly coordinated marketing efforts and government lobbying.
People may soon wake up to the difference between credibly neutral stores of value and company coins.
"There's a meme that Base has contributed nothing to Ethereum. We've paid $20M to Ethereum in the last 18 months." Jesse Pollak, Head of Base and Coinbase Wallet