‘Bear Market Second Half: Offshore Needs to Come Onshore, Ethereum Needs a New CEO’ (Author: @estherinweb3) This episode's discussion revolves around Ethereum's strategic dilemmas, stablecoin legislation battles, MicroStrategy's financing innovations, and the transformation of offshore exchanges. The guest believes that Ethereum's current core conflict lies in the disconnect between technical ideals and commercial realities, and the foundation lacks a strong CEO who can integrate capital markets, business development, and ecosystem implementation.