Adam Back: Bitcoin's simplicity actually avoids DeFi risks. Bitcoin OG Adam Back @ adam3us stated in an interview with ScottMelker on May 24, 2026 that smart contracts based on virtual machines are too complex to guarantee security, and keeping them simple is necessary to avoid risks. AI is helping attackers systematically detect and exploit DeFi vulnerabilities. The accumulation of high leverage through liquidity re pledging and repeated collateralization is essentially like a privatization coinage tax for printing money, with serious risks of contagion and collapse. By contrast, Bitcoin is a hard currency, and the most conservative and prudent approach is to deposit it into a cold wallet or large ETF. He stated that the current ETF asset allocation of institutions is still in the early stages and there is still an upward trend in the future.
The left image shows a Chinese domestic brand Huawei new energy vehicle, and the right image shows a Ferrari new energy vehicle. In terms of design language, Ferrari has regressed by 10 years, while Chinese domestic brands have rapidly risen. When the century old automotive brand culture collides with emerging trends, their gap is gradually widening
With the development of tokenization, people's demand for blockchain is gradually increasing, and at the same time, the demand for simple and easy to understand address resolution will also increase. This is an inevitable trend, and ENS will be the next universal application
#ens
@web3manager_eth@cryptosalvador1@RalphLauren With the development of tokenization, people's demand for blockchain is gradually increasing, and at the same time, the demand for simple and easy to understand address resolution will also increase. This is an inevitable trend, and ENS will be the next universal application
With Davidโs gone time for me to admit โEth is moneyโ is the correct thesis
Just not how most people think
All assets will be tokenized
People will hold whatever assets they most value (the most decentralized money is infinite forms of money competing)
No need for a single unit of account if you have a low cost, efficient way to exchange any asset 24/7
Uniswap on Ethereum is the best decentralized money system and itโs still the early days ๐ฆ