Ethereum is basically going through 1996 internet right now
Next three to four years is going to be amazing:
"If history is any guide, tokenisation today is roughly where the internet was in 1996 - when Amazon had sold just $16m worth of books, and three of the rest of today's "Magnificent Seven" tech giants hadn't even been founded. Tokenisation could advance at the pace of the internet - faster than most expect, with enormous growth over the coming decades.
We've seen how powerful that kind of connection can be. The first emerging-market exchange-traded funds (ETFs) linked stock markets of more than 20 countries into a single fund, making global investing easier. Bond ETFs did the same for fixed income, connecting dealer markets with public exchanges so investors could trade more efficiently. And now, with spot Bitcoin ETFs, even digital assets are on traditional exchanges. Each of these innovations builds bridges.
In his new book on the 1929 stock market crash, Andrew Ross Sorkin revisits the failures that gave rise to the modern financial system. Some were technological: on Black Tuesday stock tickers fell hours behind, unable to keep up with the surge in trading. Others were institutional: a financial system that had raced ahead of the safeguards.
It won't replace the existing financial system any time soon. Think of it instead as a bridge being built from both sides of a river, converging in the middle. On one side stand traditional institutions. On the other are digital-first innovators: stablecoin issuers, fintechs and public blockchains.
Tokenisation can modernise the infrastructure that still makes parts of the financial system slow and costly, bringing more people into the world's most powerful engine of wealth creation: the markets. But, as 1929 taught us, every expansion of access must be matched by updated safeguards. Tokenisation must do both: move faster and move safely, building trust as it goes.
The same principle applies to tokenisation. Regulators should aim for consistency: risk should be judged by what it is, not how it's packaged. A bond is still a bond, even if it lives on a blockchain.
The two aren't competing so much as learning to interoperate. In the future, people won't keep stocks and bonds in one portfolio and crypto in another. Assets of all kinds could one day be bought, sold and held through a single digital wallet."- Larry Fink and Rob Goldstein, BlackRock
Am I worried about the Kerridale $BMNR short report today? No
Kerridale clearly doesn't like story stocks, and they prefer to invest in fundamentally strong businesses. I respect that.
But a quick search of their returns via Grok if they held today shows that these are disgustingly bad plays in this market!
Obviously, they have not held, but there aren't even large dips after disclosed buys that they could have taken advantage of!
Please check it out for yourself.
I thought their BMNR takes were weak, and I continue to be bullish. The moral of the story is to be long on the market and ignore what you do not understand.
If you believe the market is being irrational, DON'T PLAY! Shorting is just a bad game for 99% of those who try it.
JUST IN: Wall Street Analyst Brian Kinstlinger Issues Strong Buy Rating On Ethereum Treasury Company SharpLink Gaming $SBET With A Price Target Of $48.
One of my closest friends is getting uber bullish ETH and ETH DATs.
For context, his non-crypto startup was acquired and he’s CPO at a multibillion-dollar company, is long ETH, BTC, and SOL.
He came to this conclusion on @sharplink $SBET last few days on his own.
$SBET has been frustrating, but we're seeing signs of bullish divergence again. The lower trend may need to be adjusted if we continue to make new lows but I still believe when the resistance is broken we see a substantial rally, especially with how poor sentiment is
*NFA