Most investors are focused on stablecoins.
Iโm focused on the infrastructure underneath them.
As more money moves on-chain, the value may not accrue to the digital dollars themselves, but to the network settling them.
Thatโs why Iโm bullish on Ethereum.
Banks spent years dismissing crypto.
Now theyโre building tokenised assets, tokenised deposits and stablecoin infrastructure.
The question isnโt whether finance is moving on-chain.
The question is which networks capture that value.
#Ethereum remains the frontrunner.
Stablecoins are processing more value every year.
Most people focus on the coins.
I focus on the rails.
If stablecoins become mainstream, #Ethereumโs role as global settlement infrastructure becomes harder to ignore.
Ever since USAID was defunded and thousands of NGO contracts were cancelled, left wing parties are losing in Central and South America.
Right-wing presidential candidate Keiko Fujimori just won the Peru election. This continues the trend of other countries rejected socialism.
Latin America since USAID defunding:
๐จ๐ฑ Kast ("far right") wins in Chile
๐ง๐ด Paz ("far right") wins in Bolivia
๐ต๐ช Fujimori ("far right") wins in Peru
๐ช๐จ Noboa ("far right") wins in Ecuador
๐ญ๐ณ Asfura ("far right") wins in Honduras
๐จ๐ท Fernandez ("far right") wins in Costa Rica
Extremely telling development
"For generations, sophisticated treasury management has been the exclusive province of institutions and the ultra-wealthy. Large asset managers employ teams whose sole function is to ensure that not a single dollar sits idle, that every security generates income, and that every vote reflects their values. Retail investors have never had access to anything comparable. That is about to change."
- @joechalom
We are rapidly moving into a world in which everyone with access to the internet will have access to the sum total knowledge, wisdom and best practices that human civilization has amassed. Everyone will have access to the breadth of civilizational knowledge and the depth of a domain expert in every area of pursuit. Everyone will be able to access top tier business and financial advice and assistance in executing their vision. Everyone will be able to be CEO of their own life in command ofswarms of agentic machine intelligences that can be configured to help the individual run their team, their project, their education, their company, their family and their lives optimally.
Famously Vladimir Ilสนich Lenin -- one of the early co-founders of an ill-formed decentralization protocol -- said "There are decades where nothing happens; and there are weeks where decades happen."
The world is transforming rapidly and utterly. The next economic and geopolitical supercycle will be composed of decentralized protocols, centralized and decentralized machine intelligence forming a hybrid human-machine economy and decentralized identity, reputation and social graph systems.
@Sharplink's @joechalom points out that the world of finance is being utterly transformed and democratized: stable coins, tokenized real world assets, permissionless DeFi and smart contract-based vaults that intelligently implement strategies more diverse and efficient than those currently offered to the masses in the forms of ETFs and mutual funds will soon dominate global finance. Agentic AIs that have your back and operate fully in your best interest will significantly level the financial playing field so the lay person can stay actively informed and keep her/his finances healthy, 24/7/365.
Ethereum has been winning, is winning, and has never lost.
The most-used subprotocol or subchain by actual users is EVM-based. Every major wallet either supports ETH natively or is built entirely on EVM architecture.
Every chain that tried to compete failed to attract meaningful developer adoption. Algorand, Tezos, Polkadot - none crossed the threshold. Most โETH killersโ eventually found a single niche and settled: NEAR became a solid intent-based bridge layer, TRON became a USDT wallet. Thatโs not winning, thatโs narrowing.
Cheap L2s never retained long-term users either. The pattern is always the same: airdrop announcement, usage spike, MEV bots flood in because gas is cheap, then silence. Base is a clean example of that cycle.
Ethereum sets the vision. Every fork and new proposal chases the EIP backlog because the entire infrastructure stack - Etherscan, Infura, Alchemy, Blockscout - standardized on EVM. Deviate from that standard and youโre on your own. Thatโs why deploying a forked contract to TRON is a nightmare, why Optimism shipped multiple broken hard forks chasing weird gas estimation edge cases, and why dapp developers refuse to write chains of if/else blocks just to handle behavioral differences across 10+ forked EVMs.
No one wants that complexity in their JavaScript. No wallet team wants to maintain it either.
Conform to EVM or get left behind. Ethereum didnโt enforce that rule - the ecosystem did.
amidst noise & uncertainty, eth core devs push forward with significant protocol improvements --- respect for their tireless, behind-the-scenes effort!
economies require robust public infra. we desperately need consistent, scalable, unencumbered funding for this protocol work