Ethereum's Strategy to Win Over Wall Street

Ethereum & Decentralization - Ethereum ecosystem is miles ahead in metrics that people care about, but adoption isn't automatic [19] - Ethereum represents rigorous decentralization and real disintermediation, posing a threat to traditional banking [21] - Decentralization and resilience ensure the SEC doesn't have a strong case against Ethereum [31] - Ethereum is the biggest blockchain ecosystem and the most threatening to the current system [28][30] - Ethereum's permissionless nature keeps it outside the control of big entities [33] Strategy & Focus - The Ethereum ecosystem is shifting focus towards delivering, refining, and driving adoption [18][19] - Ethereum is now focused on scale and UX, shifting gears after focusing on the Merge [43] - The industry needs to solve real-world problems using Ethereum's infrastructure [52][53] - The US government is weakening the dollar to maintain primacy, leading to a race to accumulate high-powered money like Ether and Bitcoin [85][87] Leadership & Ecosystem - Vitalik Buterin purposefully avoids controlling Ethereum to build a resilient ecosystem [66][67] - The Ethereum Foundation has been appropriate for different phases of the ecosystem's development [73] - Changes within the Ethereum Foundation and organic shifts in the ecosystem have put it back on course [78] Institutional Adoption & Investment - Wall Street institutions are eager to utilize Ethereum due to its credible neutrality and elimination of counterparty risk [35][36] - Companies and major financial institutions are figuring out how to put tokens on their balance sheets and use DeFi [49][50] - ESB aims to accumulate a very large amount of Ether, hoping to exceed $1 billion in its treasury by the end of the year [79][88]