we’re nearing a point where it may suddenly become easier to | iamDCinvestor på Binance Square

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we’re nearing a point where it may suddenly become easier to bring normies into crypto
than it is to bring more new degens into crypto
paradigm shift

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all of the biggest financial institutions in the world are actively choosing to build on Ethereum at L1 and L2 right as we get complete regulatory overhaul, enshrined in US law massive 1995 vibes when the internet first got corporate adoption you are not bullish enough

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today is the most fundamentally bullish day in crypto in a while, with the rails set and being used for massive adoption meanwhile the TL is either jaded AF, mad, trolling, or panic selling never change, CT

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the way Ethereum L2s and stable coins will grow form here will be chaotic, but good for Ethereum similar to early Internet days of AOL, Compuserve, Prodigy, etc. but eventually, the demand for trust-minimized interop wins and will reshape things we are in ~1995

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getting payments onchain is important because it will be the first, likely consistently growing, non-speculative source of demand to use Ethereum at both L1 and L2

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average credit card fees of ~2.5% on merchants doesn’t sound like much until you realize it’s basically a tax on all consumer commerce in the US compare with average state sales tax rate of ~7.5%, but money which actually benefits your state and local communities we’ve conditioned ourselves to pay a tax to a few payment processor companies and in the past, they did provide unique value to both business and consumers, but it legitimately seems this may no longer be the case with the advent of onchain commerce

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