BTC and ETH as assets are secured by their respective networks - Bitcoiners like to think that the Bitcoin network doesn't matter for BTC, but it most certainly does.
Bitcoin as a network has real centralization with PoW, is not very censorship-resistant, has no finality, has no long-term security budget, no client diversity, no answer to cartelization, can be spawn camp attacked to death and so on.
Ethereum as a network is much more decentralized (actual home validators), extremely censorship-resistant (tested at scale with OFAC sanctions), strong economic finality (tens of billions of dollars worth), no issue with its long-term security budget (has tail issuance), very healthy client diversity (10+ clients), much harder to cartelize (economies of scale aren't as rewarding with PoS as they are with PoW), can't be spawn camp attacked because it has slashing.
The only thing BTC has over ETH is the relative certainty around its monetary policy but this is actually the Bitcoin networks Achilles heel and will lead to its eventual downfall (this is the security budget issue).
Ethereum is in the middle of a tokenization explosion.
2025 is the year that RWAs will slay the crypto token ouroboros and make Ethereum’s revenues truly sustainable and positive sum.
The world’s new financial system is sprouting before us in real time.
Ethereum's 'Manhattan Project' is here!
.@drakefjustin is our Oppenheimer - uniting the rollup teams under the 'based + native' umbrella with the goal of full interoperability.
Ethereum is in war mode & native rollups are our secret weapon.
Bullish Ethereum; bullish ETH!
i still like Ethereum, and i like ETH
if you sold it for something else two years ago and outpaced it, congrats
but i will not capitulate here or at any other price because it is cyclically down against any other token pair
the long-term vision remains, and Ethereum remains the best chance at decentralizing finance and a world full of centralized entities failing us
and when it finally moves, the narratives will quickly shift to “it was obvious in hindsight”
feel free to reply below and tell me i’m coping, i’m delusional, and that it’s going to zero
but i survived 2019 and 2020, and i will not be shaken out under any circumstances as its vision is finally becoming realized ⚔️
how do we get Ethereum L1 optimizations back on the table and not put everything on L2s?
if i'm right, L1 is going to be insanely important in the decades to come as the liquidity/settlement layer, not just a L2 security layer
we need to stop treating it like an afterthought
Dear @BearNotesApp,
please stay the way you are.
I've never seen a note taking app this polished, fast & beautiful.
It's not just stated that Bear 2 took years to construct, you can tell.
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