🎙️ New @Edge_Pod 📈 The $250k ETH Thesis: Why Wall Street Is Betting ETH Beats Gold and Bitcoin 0:00 - Intro 3:06 - Background on Wall Street 5:18 - ETH is better money than BTC or gold 10:03 - What is productive money? 12:15 - Wall Street buys ETH as productive money 16:02 - The institutional crypto bull market 18:08 - Three demand drivers for ETH 20:53 - Why ETH wasn’t reaching its full potential 25:20 - What happened for ETH to reprice 30:47 - ETFs, Schwab, Tom Lee 32:41 - Bitcoin's security budget problem 33:33 - Censorship resistance decentralization 39:54 - Path to $250,000 ETH price 44:37 - Ethereum's shipping velocity 46:02 - Ethereum roadmap accelerated by AI 51:43 - Risks to $250k ETH thesis 55:37 - What investors still don’t get about ETH 58:19 - What’s Etherealize been working on? 58:55 - Closing 🙏 Thanks to @Etherealize_io CoFounder @VivekVentures and Researcher/Author of their new report, @mikemcg0 for joining us!

Whoever keeps thinking that it’s ok for ETH to be disconnected from the Ethereum platform’s performance knows nothing about the (currency) flow of value economics. It’s like the USD / US Economy relationship. Pls read this. x.com/wmougayar/status/20541…

Why would an asset issuer bother tokenizing? @rleshner breaks down 3 real benefits: 1. A whole new investor base that strongly prefers tokens over spreadsheets 2. Tokenized securities are incredible DeFi collateral, less volatile than most crypto-native assets onchain 3. All the advantages you inherit with 24/7, permissionless, composable DeFi protocols Hundreds of trillions in potential TVL lives off chain...

Erik Voorhees: “ETH is still the king, and I don’t see it being dethroned" The founder of ShapeShift and Venice AI is asked if Ethereum was a “sustainable ecosystem.” He replies: “I think [Ethereum] is more than sustainable. I think it is the clear winner of the smart contract innovation. It actually wasn’t the first mover in smart contracts, but it was the first one to achieve any sort of scale with smart contracts. What’s most important about Ethereum isn’t so much the first-mover advantage as much as it is the network effect it has had since it was released.” Erik continues: “I think both Bitcoin and Ethereum have achieved a network effect that is close to unassailable. People have gotten distracted with some of these other L1s, but if you look at metrics like where the developers are and where stablecoin volumes are, these are hard to fake metrics that are very important. They’ve always been predominantly on Ethereum. It’s not even close. I’m glad that other people tried to build L1s. The process of innovation and competition is really important. But ETH is still the king, and I don’t see it being dethroned. It has had various scaling challenges — the patchwork of L2s and the UX problems between them sucks. But I have a suspicion that Base is going to end up becoming the predominant L2 on top of the predominant L1 of ETH and that vertical is going to be very powerful and very strong. So yes, I’m always bullish on ETH in the same way I’m always bullish on Bitcoin.” However, Erik warns that if Base loses its permissionlessness it “will flounder and deserves to die”: “Base has designed things very well. It has gotten a lot of adoption and very quickly became the major L2 even though it was not the first mover. I think it’s gaining a network effect pretty quickly. It obviously has a very powerful corporate ally in Coinbase, and to the degree that Coinbase does not abuse that privilege, that’s a very good privilege. Abuse here means: if Coinbase tries to exert control over base such that it loses its permissionlessness, then it will flounder and deserves to die. But Coinbase has been a very good actor in this regard, and they deserve a lot of credit for demonstrating the principles of decentralization and permissionless innovation in several parts of what they do. Obviously the centralized exchange is not that, but it’s not trying to be either.” Source: @CoinDesk (Dec 2025)

Looks like I’m getting bombarded with bots all saying the same goofy AI copy about DeFi being a sham. Never seen this before, but funny anyone’s targeting me 😅

ETH investor Stanley Druckenmiller: “Our whole payment system will be stablecoins in 10-15 years” BitMine (BMNR), the ETH treasury company chaired by Tom Lee, holds almost $10 billion of ETH. Legendary investor Stanley Druckenmiller is listed among key backers like Founders Fund, ARK's Cathie Wood, and Bill Miller. This aligns with his recent bullish comments on stablecoins and blockchain payments: “Blockchain and the use of stablecoins — if you want to throw crypto and tokens into that — are incredibly useful in terms of productivity. I assume our whole payment system will be stablecoins in 10-15 years. Efficient. Quicker. Cheaper.”

DeFi Dad says CT is overthinking the quantum threat while Wall Street keeps it simple: “There are a lot of people with enormous amounts of capital who have very simple theses about this space.” “They are saying, ‘Bitcoin looks like it is working to me. It looks like digital gold.’” “Wall Street is not looking at it with the same level of skepticism that our community is.”

Meeting some really talented DeFi builders launching this year. Guess what? They're not scared away by bear markets. For example, this team @AxisFDN cleverly has already implemented an @AccountableData dashboard for their $41M on Plasma, and will soon launch on Ethereum Mainnet, hopefully this summer. 📊 axis.accountable.capital

🎙️ New @Edge_Pod 🌉 How @SuperstateInc Is Building The Bridge Between $700 Trillion In TradFi and DeFi 0:00 - Intro 1:58 - What tokenization actually means? 3:41 - Tokenization is the evolution of DeFi 7:42 - Why Robert built Superstate 12:49 - Benefits for tokenized asset issuers 18:34 - How Superstate tokenized funds work 23:13 - Magic of automation in DeFi 26:28 - Straddling DeFi and compliance 30:02 - Regulation CLARITY Act 39:36 - Categories of tokenized securities 41:26 - Differentiators for Superstate 44:57 - Tokenization's hockey stick moment 48:12 - Endgame is primary issuance onchain 49:16 - Closing 🙏 Thanks to @SuperstateInc Founder & CEO @rleshner for joining us!

New @Edge_Pod's out with @rleshner! Too many DeFi builders have fought over too few of crypto-native assets in the onchain economy. Meanwhile, Robert saw $700 trillion waiting to be brought onchain... so he built @SuperstateInc instead.

A difference between Tom Lee and Saylor is that Tom has low debt. Another is that Tom is getting involved and invested in Ethereum's app layer and core dev. Whereas if you own BTC, you can't do much to help your own investment, besides cheerlead. Alchemy of 5%, 8%, LFG BMNR