Ethereum co-founder and Consensys CEO Joe Lubin stated that Ethereum is the natural evolution of internet protocols and is a core component of the decentralized Web3 network. He defines Ethereum as a brand new form of 'trustware' and views trust as a virtual commodity, while Ether (ETH) is the world's highest 'octane' trust commodity.
On this foundation of trust, transactions, protocols, and relationships can be executed automatically, verifiably, and transparently, facilitating the global economy to operate at high speed on the Web3 track.
Lubin talks about the 'Flippening'—the moment when the market capitalization of ETH surpasses that of Bitcoin (BTC). While some believe this will never happen and others estimate it may take years, he candidly stated that surprising changes could occur within the next year, driven by companies actively incorporating ETH into their treasury assets.
If this prediction comes true, 2025 may become a historic turning point for the crypto industry.
