“The entire financial system today is built on tech stack on top of tech stack and there’s a lot of fake/fraudulant transactions. Ether (and btc) has had zero fraudulent transactions. Blockchains are also much cheaper to run.” - Tom Lee making case for Ethereum to Ric Edelman at DACFP (room full of advisors). He also talked about how investing in blockchain is akin to owning real estate, agentic AI will use blockchains for speed and to keep them from going rogue, BitMine may not need to own more that 5% supply, how they have large stake in Mr Beast’s financial co, how ether supply has contracted, also thinks BitMine will likely be added to R1000 at end of June which should help stabilize price.(Eric Balchunas)