Ethereum is our best chance of achieving Satoshi's vision of peer-to-peer electronic cash In 2017, Bitcoin's Block Size War ended with the community deciding that peer-to-peer electronic cash was no longer the goal. Bitcoin would be digital gold, and the protocol would ossify. Ethereum took the opposite approach, sacrificing near-term stability for long-term viability. This meant proof-of-stake, the post-quantum roadmap, zkEVM, L1 scaling to 10,000 TPS, and L2s eventually scaling to millions of TPS. That's also Ethereum's greatest weakness today. Money is a savings technology, and savers want a protocol that doesn't change. Every "once we finish X" on the roadmap is a reason the market hasn't yet priced ETH as money. But the roadmap has an end. Once the protocol is post-quantum secure, once L1 scales via zkEVM, and interoperable L2s carry the transaction load the base layer was never meant to carry — the technical case for further changes becomes weaker and ossification becomes the default . When that end state arrives, ETH has a stronger claim to sound money than BTC: a more secure consensus mechanism, post-quantum resistance, and the throughput to actually function as peer-to-peer electronic cash. The repricing opportunity exists precisely because the protocol hasn't ossified yet.(Michael McGuiness)