there will be a massive knock-on effect from Ethereum treasuries as they deploy their capital onchain (ONLY on Ethereum L1 and L2 ofc)
literally billions of dollars worth of assets incoming
they will use it as collateral (a use case which most of the crypto media and analysts here have completely misled you about). fyi, this is the most important use case of ETH
THE MOST IMPORTANT. ETH IS CENSORSHIP-RESISTANT, TRUSTLESS, HIGHLY LIQUID, PROGRAMMABLE COLLATERAL
THERE IS NOTHING ELSE LIKE IT ON THIS PLANET
and they will catalyze the use of ETH as collateral for all of Wall Street
i’m going to repeat: you are still early if you are here before this happens
it is going to get even stupider when (Micro)Strategy is forced to wrap their BTC and deploy it onto Ethereum in order to get yield
this will start to happen in the next year
i’m trying to tell you guys what is going to happen as clearly as i possibly can
i hope someone is still reading this
to clarify, I don't think MicroStrategy will employ this strategy first
it will be other Bitcoin treasuries
they will probably be one of the last ones to start doing it
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