Weed
Cooked lower third 🥀
- Joined
- Aug 10, 2018
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Current financial system is outdated, everything will be on-chain, crypto wallets will be the next banks. We're seeing stocks, real world assets, fiat currencies getting tokenized.
The question is... Which platform are you betting on? For me the answer is obvious and it's ETH.
98% of coins will go to zero, and in our lifetime we will see one platform dominating all RWAs and most of finance.. and then I start thinking about other platforms for example Solana; what's the point of them? I can understand people who are not updated on Ethereum's progress saying Solana is better because it's faster but Ethereum will finally scale L1, and it's already scaling. They solved "trilemma" on paper, and now they will on practice within 4 years as claimed by Vitalik Buterin if you want to believe him or not. Plus the fact that blackrock and other big institutions are already choosing ETH just because it's the most robust, first and has 100% uptime unlike Solana. The only thing left for real adoption is to scale L1, and then extras will come like quantum resistance, censorship resistance, making it more decentralized so people would be able to run validators on their phones with only 1 ETH as opposed to 32 ETH now but the main thing is scaling L1.
Thoughts?
The question is... Which platform are you betting on? For me the answer is obvious and it's ETH.
98% of coins will go to zero, and in our lifetime we will see one platform dominating all RWAs and most of finance.. and then I start thinking about other platforms for example Solana; what's the point of them? I can understand people who are not updated on Ethereum's progress saying Solana is better because it's faster but Ethereum will finally scale L1, and it's already scaling. They solved "trilemma" on paper, and now they will on practice within 4 years as claimed by Vitalik Buterin if you want to believe him or not. Plus the fact that blackrock and other big institutions are already choosing ETH just because it's the most robust, first and has 100% uptime unlike Solana. The only thing left for real adoption is to scale L1, and then extras will come like quantum resistance, censorship resistance, making it more decentralized so people would be able to run validators on their phones with only 1 ETH as opposed to 32 ETH now but the main thing is scaling L1.
Thoughts?
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