Why I’m Bearish on Ethereum - Tascha Labs
I’m bearish on Ethereum. But it may not be for the reason you think. Transition from single chain to layer 1-layer 2 structure has large implications for ETH token valuation. And most people aren’t yet thinking this through 👇 First off I wrote abt how to value blockchain platform tokens like nation state currencies a
Share Share on Facebook Share on Twitter Pinterest LinkedIn Email I’m bearish on Ethereum. But it may not be for the reason you think. Transition from single chain to layer 1-layer 2 structure has large implications for ETH token valuation. And most people aren’t yet thinking this through 👇 First off I wrote abt how to value blockchain platform tokens like nation state currencies a while ago. I recommend a read cuz it’ll help you understand what I’m gonna say next, as it’s an application of same framework. In short, think of L1 platforms like nation state economies. You need native token to p
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