hey @DavidSacks@dannyryan is a former Ethereum core developer who led Ethereum through its most complex transition in its history, moving it from Proof of Work to Proof of Stake
he is cofounder of a new organization called @Etherealize_io, designed to help introduce the world to building on Ethereum as the #2 public blockchain by market cap and a leader in decentralized programmable blockchains
Danny would make an excellent representative for Ethereum and can help you not only brainstorm, but think through in deep technical detail how to architect systems which bring the US government and private businesses onchain
please consider adding him to the invite list for this and future Digital Asset Summits
I just claimed contributor XP on @ethos_network to help bring reputation and credibility onchain.
I got an initial credibility score of "1200 - Neutral"
Use my ref link to go see how reputable you are and we both get 20% more XP
https://t.co/OR3QA1w9i7
$ETH is the most mispriced asset in world, and it's primed to enter a parabolic rally.
Try to understand where real world adoption is happening and you will come to the same conclusion.
Circle and BlackRock are leading the way in creating the most trusted, audited, and regulated USD stablecoins in the world. They are doing it almost exclusively on Ethereum, bringing a new level of legitimacy to the crypto space.
A new joint venture between Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood is launching a stablecoin called USDG, primarily on Ethereum. This collaboration further solidifies Ethereum's position as the leading platform for stablecoins and financial innovation.
Just today, Tether disclosed that over $2 billion worth of USDT is being bridged from alternative Layer 1 blockchains back to Ethereum. This shift underscores Ethereum's dominance as the go-to platform for stablecoins and DeFi activities.
Coinbase, Kraken, Sony, and Samsung are pioneering Layer 2 solutions on Ethereum, with Coinbase's Base becoming the fastest-growing network in crypto history. This surge highlights the immense potential of Layer 2 technologies to improve scalability, reduce transaction costs, and serve as an infrastructural backbone for established industry leaders from various market segments.
The Michigan State Pension Fund is making headlines by allocating a significant portion of its treasury to $ETH, surpassing its investment in $BTC. This move signals growing institutional confidence in Ethereum's long-term value.
Even the next president of the United States is embracing the trend, capitalizing on personal branding through NFTs and exploring decentralized finance (DeFi) on Ethereum. Notably, the president also personally owns $ETH but not $BTC, highlighting a significant endorsement of Ethereum over Bitcoin.
Even $BTC is finding its way to the Ethereum network with Coinbase's wrapped BTC, which has captured more than twice the amount of BTC circulating on Bitcoin's own Layer 2 solution, the Lightning Network. Remarkably, Coinbase's wrapped BTC launched only nine weeks ago, while the Lightning Network has been around for over six years.
All this while Ethereum remains net deflationary since the merge over two years ago, reducing supply and eliminating exorbitant energy consumption from mining as well as the structural selling that is associated with it. All this while $ETH provides native yield through staking, attracting more investors. All this while it sustained and successfully defended against a censorship attack from OFAC, showcasing its resilience and commitment to decentralization.
Meanwhile, Bitcoin maxis waged a campaign of FUD with a long list of failed predictions, the largest being that Ethereum would never be classified as a commodity and that it would never get its own spot ETFs. Contrary to these predictions, $ETH has been recognized as a commodity by regulatory bodies, and several futures, ETPs, and spot ETFs have been launched in the United States and several other countries like Canada, Brazil, Switzerland Australia, Germany, Austria and France.
Ethereum has reached critical mass and is now an unstoppable force shaping the future of finance. With four years ahead to spread its wings and expand its horizons without the hindrance of a government that sought to restrict financial freedom, $ETH's time has come.
Tim Ferriss (@tferriss) wants to airdrop 5 of you sexy munchkins a CØCKPUNCH NFT on mint day! It’s coming soon. This is the only planned public giveaway.
Just visit https://t.co/5TLynbSJIb *before* 3pm EST this Wednesday, Nov 23rd. The earlier, the better. Good luck, everyone!