
Jihoz.ron 🍚|Feb 18, 2025 03:25
Last cycle, ETH created a ton of novel use cases for the tech that caused it to ascend and challenge Bitcoin.
the Bitcoiners responded with lazer-eyed maximalism and never wavered. It worked. ETH is yet to flip BTC.
This cycle, Solana made some noise and caused the ETH community to look inward.
ETH is now:
• embracing Defi as a foundational use-case as evidenced by ETH foundation depositing into aave
• embracing wall street capital as evidenced by @Etherealize_io
• questioning core values and coalescing around a unified vision
Lessons in this.
This is all part of the growing process.
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