But you send a stable coin over blockchain and you could see when it was sent, you could see when it was confirmed, you could see when it was delivered, you could see that it stopped. And it's like just very basic things in addition to costs and things that are more complicated that made us believe that money would be tokenized at some point in time. People, businesses, fintexs, banks would see the value in using this emergent payment rail.And we were building for that future. ...

Bit mine has done what in 60 days what took Micro Strategy three or four years to do in terms of percent of supply is absolutely incredible. >> Not only Tom though, but Ether Machine also bought $654 million of ETH through a private transaction. So brings in the total holdings in nearly 500,000 ETH, almost half a million ETH as it prepares for a NASDAQ listing later this year.And then also, you know who bought ETH. A bunch of ETH this year, Ryan, or just recently. Jack Ma.Jackmaw, the guy from Alibaba. Well ...

Decentralization & Real-World Integration - Decentralization is likely to prevail due to its inherent advantages, similar to Churchill's analogy about democracy [1] - Integrating real-world assets on-chain necessitates acknowledging real-world constraints and human behavior [2] - Decentralized systems offer an "opt-out" option, providing value as a store of value [2] Future Trends - A semi-permissioned or consortium-based future, like Austin's vision, is considered unsustainable [1] - Users, asset issuers, and regulators will ultimately gravitate towards decentralized networks [1]

If Austin's version of a semi-permissioned future or consortium future becomes true, it'll blow itself up. To me, at the end of the day, the people, the users, the assets, the companies who issue those assets and the governments who regulate those companies will find themselves on a decentralized network because I'm going to garble this, but it's like the quote that Churchill said about America or it's the worst option except for every other one. And I think ultimately decentralization will win by default.A ...

For every $2 of highquality liquid assets secured on Ethereum, there's about a dollar of appreciation in the market cap of ETH. And I'm not suggesting that as it goes Jcurved, that correlation will continue to be linear. But I'm suggesting there's a correlation.If that's your framework, then you can look at each of these pools of assets. Stable coins, you know, 275 billion going to potentially 2 trillion over the next few years. tokenized real world assets going from 2530 billion to some much larger multipl ...

Convertible Bond Offering - Ether 作为一种支付超过 3% 收益的资产，非常适合用于可转换债券发行 [1] - 以太坊的波动性和收益性使其成为可转换债券的理想选择 [1] - 公司认为以太坊有发行可转换债券的潜力 [1] Capital Strategy - 公司不惜一切代价筹集资金 [1] - 公司不会为了追赶最大的 ETH 金库而做愚蠢的事情 [1] - 公司不会做以后会后悔的事情，而是以聪明的方式进行长期投资 [2]

📣RONIN “ONCHAIN NINTENDO” | DOWNLOAD THE RONIN WALLET https://bankless.cc/RoninWallet --- ETHZilla wants to turn ETH into Wall Street’s new reserve asset, and they’ve built a plan to do it. Ryan sits down with Avichal Garg (Electric Capital) and Mac Rudisill (ETHZilla) to unpack why ETH treasuries exploded this cycle, how credit markets (converts, preferreds, and debt) supercharge accumulation, and why stablecoins → DeFi → ETH forms a flywheel that turns Ether into high-quality collateral. We dig into lever ...

I think Black Rockck's entrance was a big deal. And look, Larry Frink, if you think about his career, what an impressive entrepreneur. He took that firm and he really disrupted the mutual fund industry in just a massive way and has made his fortune by doing that.Most people probably his age with the type of wealth that he's created, they probably, I want to say, would gotten fat and lazy, but they probably would have declared victory and gone home. And I think he rightly saw this technology as something tha ...

From my vantage point, I do not think institutions are here in size at all. The definition of institution can vary quite a bit. I think when I think of institution, I think of the large pension plans, the large endowments, insurance companies, sovereign wealth funds, and there some of those flows have have started for sure.I think when a lot of other people talk about institutions, they talk about hedge funds, corporates. So the type of institution that I have spent my career with mostly they haven't even s ...

Market Analysis & Trends - The market is pondering whether $124,000 Bitcoin was the cycle top and there won't be an alt season, indicating market rationality [1] - Concerns arise from the AI bubble feeling skittish and macro worries, but the S&P was at an all-time high until recently [2] - Sam Altman believes the AI sector is in a bubble, with OpenAI stock potentially valued at $500 billion [2] - Investors are worried about stagflation due to weak jobs report and high PPI numbers, putting the Fed in a tight spot [2] Cryptocurrency Performance & ETF Flows - Bitcoin is down 65% to $113600, and Ether is down 10% to $4200 [3] - ETH ETFs attracted $3 billion of net inflows in August, while Bitcoin attracted up to $1 billion during the same period [3] - ETH ETFs saw $422 million outflows, and Bitcoin ETFs saw $650 million outflows in the last 7 days [3] - Total crypto market cap is healthfully below $4 trillion, currently at $39 trillion [3] Treasury Strategies & Company Activities - Bitmine became the second-largest crypto treasury with $65 billion worth of Ether, representing 126% of the total ETH supply [4] - Micro Strategy bought 430 Bitcoin for $51 million at an average purchase price of around $119000 [6] - Micro Strategy's stock fell 8% after indicating it would lower restrictions on issuing more shares, trading at 16% MNAV [6] Regulatory Landscape & Institutional Involvement - New York is proposing a 2% tax on digital asset transactions, including sales and transfers of crypto and NFTs [12] - Wyoming launched the first stable coin issued by a US state, which can be used to fund public services [13] - The executive director of crypto in the White House left to lead Tether's US strategy and expansion efforts [13] - The Fed's vice chair for supervision stated the US must embrace crypto and new technologies, and Fed staff should hold small amounts of crypto to better understand the technology [14][15]