Ethereum

“The basic approach is we recommend a basic, highly diversified portfolio, let's say, 60% stocks, 40% bonds, right? Just kind of your traditional portfolio, highly diversified, meaning, you know, an all stock index fund and an all bond index fund. We start ther…”

“Ethereum, I think, has vastly underperformed its utility as a network.”

“And like Ethereum, wild value creation, like of all the blockchains, minimal value capture. Whereas there are a bunch of others where, you know, like Solana is probably perfect, you know, value creation, value capture.”

“So what base does is you can kind of think about it like an HOV lane. We sit on top of Ethereum. We take millions and millions of transactions. We compress them and we publish them to Ethereum. And that means that when we're compressing them, we can get a ton …”

“Building an interface that lets you interact with a swap like an AMM or an exchange, right? So one of the really powerful things that crypto enables enables you to seamlessly swap between assets. You can swap between Ethereum and a stable coin or between multi…”

“The place where decentralization is really, really important is at the very bottom of the stack, right? You need decentralization at the Ethereum layer, at base, because what that enables is it enables this global platform that everyone can come and participat…”

“Mid caps like Aave that are going to do well with the cycle generally, but they're a beta. So if the cycle does well, they're going to do better than the mainstay blue chips like Ethereum and Bitcoin.”

“At this point, most, but I think Ethereum has probably the most valuable ones, but by sheer number of launches per day, I think it's like, was peak over a 100,000 per day. I think it may be like 20 to 50,000 right now.”

“The biggest challenge in that is that they are using Ethereum and other blockchains that don't have the speed that are able to keep up with the way that tickets are going to be transacted digitally.”

“Unicorn project or soon to be, I hope that we were the first check into that was Puffer Finance and they are doing what's called liquid restaking for Ethereum.”

“I think realistic targets for this cycle, Bitcoin, a hundred and 150 K Ethereum, probably 10 K plus Solana could go to six, 700.”

“The medium is the message and Ethereum is slow and expensive. Right. And so if you think about like the NFT thing was primarily ETH and ETH derivative based, right? It's slow and expensive. So like you had a different set of behaviors. Solana is fast and effic…”

“You know, I'm very sure the Ethereum world. I'm very long. Dave Morin: Solana. Sam Lessin: It's a personal book.”

“In the first half of last year, before we got funding we were using like Bitcoin and Ethereum to pay for things with salaries and software and things like that. And then once we got investment from people we started using, you know transfer wise, we're using S…”

“I think Solana flips Ethereum.”

“I'll talk my own book on this for a second as a seed investor is like, it actually works, right? Like Solana as an ecosystem can actually do this now, which even two years ago, it couldn't like no one really could, you know, I'm very sure the Ethereum world. I…”

“We're in the regulatory compliance business and the capital to take the business to market would be we estimated around like ten million and then two years because we'd have to get a broker-dealer license, money transmitter license.”

“So what we did was we positioned the company to sell and we took the technology and then ended up selling it to a strategic buyer, someone who had the regulatory compliance.”

“I, for the longest time was paying my employees in Bitcoin and Ethereum, because that's just how we had things structured.”

“I don't think even the SEC is claiming things like Bitcoin or Ethereum are actually securities anymore, right? You know, that we've kind of moved beyond that.”

“Ethereum's migration from, ah, proof of work to proof of stake, ah, system where the energy consumption literally dropped by 99%, like, overnight”

“At the moment we don't really have utility for them other than people building stuff that we hope we'll be able to do stuff with at some point in the future.”

“It's as though you open the internet, you get your TCP, it takes you a week to get your TCP IP working, you've found something you can dial up to connect, it's taken your week of work, you've got it working, you open a command line, you ping a known IP address…”

“Bitcoin and Ethereum. I'm betting on it as things that are here to stay, you know, that's not investment advice, but you know, these blockchains are going to get to be quantum resistant. There might have to be some changes in the next decade of the algorithms …”

“The visible complexity goes up in a kind of a bell curve. And then you reach a point by like, you know, you get GUIs and Windows and Mac and so on that the visible complexity starts going down. Even as though you carry on getting more and more plumbing underne…”

“And of course the Nirvana is everything runs on the chain, but try, try running a MMO, a massively multiplayer online game on Ethereum at like one transaction a second, like good luck.”

“Until recently, we were using crypto, we were using USDT Tether, and because of the Ethereum network becoming so clogged, the fees were getting up to 50 dollars for each transaction. So it cost the company 900 dollars this month for salary, 900 dollars for 14 …”

“The challenge with CryptoPunks or so on is that, The cultural base for that is very, very shallow and very, very recent, and you also, it's very hard to unpick how much of this is somebody that genuinely thinks that thing is worth a million dollars of their mo…”

“I've seen a couple really interesting protocols where, like, I can make nine, 10, 11% of my money lending out Ethereum.”

“Ethereum will be you know, like it's more valuable than Stripe, for example.”

“Ethereum specifically is only 41% of the market cap of Bitcoin.”

“If Bitcoin was imagined as a digital version of gold, Ethereum was imagined as an evolved version of Amazon Web Services, or AWS, where an entire economy of new applications and products could be built on top of Ethereum.”

“Vitalik Buterin's bet was that in the same way a financial asset like Bitcoin could benefit from decentralization, many other types of businesses and agreements could benefit from getting rid of the middleman and creating a transparent record for all to see, f…”

“So smart contracts really is the feature that underpins Ethereum. It is the defining characteristic that transforms Ethereum from a singular currency that functions like gold, aka Bitcoin, to a programmable blockchain or technology that hundreds of companies c…”

“If you believe that Ethereum is a future digital economy, that it really is going to act as the bedrock for so many businesses, then Ether is almost a stock. It's almost stock in Apple. You can buy Ether to take a bet on the future of Ethereum, because if you …”

“Now, with NFTs, what it does is it makes ownership transparent and permanent. Yes, anyone could go and download an image Of a piece of art that someone creates online, but you and everyone else would know that you're not the owner, because a smart contract on …”

“And so if you want to know what's happening in the world of NFTs, if you're interested in digital art or creating scarcity through Ethereum to make digital art valuable, you should check out Beeple, who sold an NFT for more than sixty-nine million dollars, and…”

“DAOs aren't run through a centralized decision maker like one person or a few senior leaders on a leadership team at a company. There is code that defines how the business operates, and it is 100% transparent for anyone, anyone involved in the DAO to see, and …”

“And then in parallel, I think there's things that exist today that are sort of the Amazons of crypto that are gonna be massive in their own right and already exists. You know, maybe it's Bitcoin, maybe it's Ethereum, maybe it's a privacy token like Monero, Zca…”

“What's interesting is that well, the authors of the paper sometimes, you know, they are not going to know where people are going to struggle understanding the paper, oftentimes. I remember when I was annotating the Ethereum white paper, right? Written by Vita…”

“Personally, I think blockchain is unbelievably exciting, and I think it's the future. So I am all for people investing in cryptocurrencies, investing in Bitcoin, Ethereum, and it is a volatile market right now, and you have ICOs coming out every day, and That …”

“What Bitcoin and Ethereum did was allow you to create Any kind of, you know, financial instrument extremely cheaply and with, you know, almost free verification of correct proceeding of this financial instrument, which is not normally a consumer need.”

“That kind of funding model allows people to remain very close to the actual protocol layer and to think deeply about the protocol itself and its concerns without having to think about a product or a service on top. So this is precisely what protocol apps' busi…”

“So if Ethereum continues to be useful five, 10 years from now, you're going to have, and continues to accrue continues to grow, right? So if Ethereum becomes more and more successful, continues to solve a whole bunch of problems, then an ether is going to be w…”

“The company is fading away, or not fading away, but rather a new thing has come in, which is the network or a market that, that is not a company, but it functions kind of like a company. And so you can think of Ethereum not as a company, but rather as a, as th…”

“It's like the best interaction to the future, I guess, than Bitcoin ever was or that kind of stuff.”

“I'm also a small partner in a cryptocurrency fund, because I'm really into these coins like Bitcoin, Ethereum, and Zcash, and so forth.”