My 100 second elevator pitch on ETH to tradFi.
Bitcoin is 1 asset - just bitcoin.
Ethereum is all possible assets.
Which is bigger? Gold...or all the assets in the world?
Bitcoin was designed to secure one asset, just bitcoin. Ethereum is a general purpose platform designed to secure everything else: stablecoins, loans, equities, bonds, derivatives - everything in finance.
The word for this is: Tokenization.
People like Larry Fink are saying every stock, bond, and asset will be tokenized on a global ledger. And even he's thinking too small - tokenization isn't just the assets of the past it's the assets of the future - AI compute, personal data, social status & celebrity.
Everything will be tokenized.
Ethereum is a global computing network to tokenize and program any asset. Ethereum adds property rights to the internet.
Tokenization can and will happen on other platforms, but Ethereum is positioned the strongest contender to ride the tokenization wave.
100 million people own ETH.
100 thousand developers actively contribute to the code.
Already, Ethereum settles more annually than the Visa network…and it’s just getting started.
Now let's talk about ETH.
The cryptocurrency of Ethereum is called ETH and has investible economics, including an algorithmic buy-back and dividend program that drives billions per year in earnings to ETH holders. This number grows as the network expands. You can build a DCF model on ETH as you word with a stock like Nvidia.
And because ETH is extremely secure and decentralized like Bitcoin, more and more people are seeing ETH as a compliment to Bitcoin as a non-sovereign store of value. While bitcoin has greater certainty of supply, Ethereum pays a dividend and is deflationary, with the upside of the entire token economy.
Bitcoin is exposure to digital gold.
Ethereum is exposure to everything else.
I own both. But if I could only pick one, I'd pick the superset. I’d pick ETH.
PayPal just announced that they are launching a USD stablecoin, called PYUSD, as an ERC20 token on the Ethereum network
Ethereum is slowly but surely becoming a global settlement layer for all types of value
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