A bull case for Ethereum, which is the backbone and a settlement layer of a decentralized internet that continues to grow as DeFi and NFTs explode in popularity
It's hard to ignore what's happening in decentralized finance. Takens Theorem / Coinmonks : Are NFTs and Emissions Correlated? Tweets: Gavin Baker / @gavinsbaker : Good essay from @packyM Flow et al being complementary rather than competitive seems like the most important part of his bullish thesis for Ethereum. https://www.notboring.co/... Glyn Moody / @glynmoody : “Ethereum is the Excel of blockchains.” - https://www.notboring.co/... no, it's really not that bad. It's much more interesting/important than bitcoin, because you can run programs on its blockchain. that's key for the future. Packy McCormick / @packym : What if I told you about a business that: - Has strong network effects - Grew revenue 200x YoY - Is preparing to offer a 25% dividend - About to implement a permanent share buyback program? That's pretty much Ethereum. Here's my bull case for $ETH: https://www.notboring.co/... Mike Dudas / @mdudas : “Ethereum's cryptocurrency, Ether (ETH), is a bunch of things, too: Internet money. Ownership of the Ethereum network. The most commonly-used token in the Great Online Game. Yield-generating. A Store of Value (SoV). A bet on more on-chain activity, or the web3 future.” https://twitter.com/... Mike Dudas / @mdudas : “Ethereum is so many things at once, all of which feed off of each other. Ethereum, the blockchain, is a world computer, the backbone of a decentralized internet (web3), and the settlement layer for web3.” https://www.notboring.co/... Cristian Nyari / @cnyari : Worth a read if you're as bullish on $ETH like I am and believe in its potential to become the base layer of the next phase of the Internet / digital economy. https://www.notboring.co/...