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Arguably, the most important feature of Ethereum L2s is that they serve as cultural firewalls, providing distance from an ideologically delusional and operationally gridlocked L1 core community.
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L2s aren’t just scalability solutions but lifeboats for cultural refugees. Teams launch on L2s not just for throughput, but to escape L1’s politics, slow governance, and suffocating social consensus.
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Alts are dead. BTC reigns king. Innovation is dead. Tokens are a scam. These are all things I've heard before. The right call back then was to bet against the consensus view.
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Incredible to look back at how much hype and buzz surrounded EigenLayer while the biggest winner of the cycle: Hyperliquid was completely under the radar for the majority of CT all until it launched its token. Whereas its been almost the opposite for Eigenlayer since its TGE.
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If you're long bottoms up innovation, then you should be long alts.
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