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RyanSAdams
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ETH
is at its best when its maximalist about ETH the asset and pragmatic about Ethereum the network
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RyanSAdams
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If your validators can freeze and censor funds your L1 asset should definitely be valued via DCF - you got me there. Thereโs a whole bunch of fintech in crypto. And then thereโs ETH and BTC.
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ethereum has two products ethereum blockspace = world ledger eth asset = world reserve asset ethereum blockspace demand can be valued by discounted future cash flows (DCF) eth store of value demand cannot be DCF'ed and is a product of demand for eth as a speculative reserve asset and censorship resistant store of value you can use eth without using ethereum and vice versa this doesn't have to be confusing bitcoin works the same
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ethereum has two products ethereum blockspace = world ledger eth asset = world reserve asset ethereum blockspace demand can be valued by discounted future cash flows (DCF) eth store of value demand cannot be DCF'ed and is a product of demand for eth as speculative reserve asset and censorship resistant store of value you can use eth without using ethereum and vice versa this doesn't have to be confusing bitcoin works the same
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circle can you please just not sell to ripple? because everything's going great right now
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All time high for Bitcoin. ๐ ETH is next.
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