Whale withdrew 15,000 $ETH from #Binance 3 hours ago.
5,000 $ETH was immediately staked on Lido. Looks like accumulation for yield long-term bet 🔒 https://t.co/PekyA4ZTZU
Whale withdrew 15,000 $ETH from #Binance 3 hours ago.
5,000 $ETH was immediately staked on Lido. Looks like accumulation for yield long-term bet 🔒 https://t.co/PekyA4ZTZU
Still waiting on this entry, didn't get filled but we just wait and see... https://t.co/AHJGPagcUR
I've put this bid in on ethereum:native https://t.co/ukhCD5KHuo
🎙️ New @Edge_Pod
🔐 Ethereum Is A Vault, ETH Is The Lock: A Framework for ETH's Fair Value, Today and By 2030
0:00 - Intro
2:51 - Tom’s role investing at Varys
3:32 - DCF is the wrong way to value ETH
6:16 - Is Ethereum winning?
11:40 - Fees are friction, not how we value ETH
16:12 - Can Ethereum have its cake and eat it too?
19:45 - If Ethereum is the vault, ETH is the lock
23:58 - Why stablecoin numbers look bullish
27:04 - Ethereum must succeed, or crypto fails
28:59 - Comparison to Linux + DTCC is wrong
32:55 - Importance as trustware producing blocks
35:40 - Underestimating the L1 scaling
39:41 - Stablecoin issuers still rely on Ethereum
42:11 - The framework is for ETH, not DeFi tokens
45:15 - $20k - $50k price once liq hits $750B
47:33 - How Tom gets to a FMV today of $6.9k
52:59 - 2030 base case ($55k) vs bull case ($138K)
53:57 - Closing
🙏 Thanks to @VarysCapital Head of Venture, @dunleavy89, for joining us!
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.