You want to know what’s being pitched to Wall Street right now, and why ETH is having a “moment”?
“Bitcoin is digital gold and the first cryptocurrency. But with Ethereum you can do so much more!! Tokenize everything and program everything! It may even flip Bitcoin in terms of users…”
We need to do a better job selling bitcoin as freedom money, peer to peer electronic cash. It’s not just a dumb rock, and too many Bitcoiners are gladly letting Wall Street believe that.
It seems like it would be a waste of time to try to convince Wall Street of anything though. It’s not a surprise they’d be more interested i. Ethereum given the ability to tokenize a lot of things + stablecoins etc etc.
I am a huge fan of Bitcoin, so I’m not gaslighting at all when I say this. But I’m hesitant to call it freedom money when the vast majority of users buy, sell, and use it through a centralized and regulated KYC exchange. Plus given the public nature of the blockchain, it’s hard for me to attach the word freedom to it in that sense. You could argue for Lightning network + Ecash/cashu but then we’re almost always dealing with custodial solutions when it comes to these
I see it as a blessing. The last thing we need is speculators. 🧡
