Ethereum

“If you want to bet against Ethereum as an example, like you're effectively betting against, you know, I don't know, like a lot of really, really smart engineers, and I just, I think it's a, You know, I'll take the other side of the bed.”

“Ethereum has, they have a lot of really interesting stuff going on that they're doing to improve scaling, and there's Plasma, I think. There's Plasma, there's sharding, you know, proof of stake, Wasm like there's all this layer two stuff so it's like state cha…”

“There, there's just I think several orders of magnitude at this point between Ethereum and let's say a project like Cardano, or R-Chain, or DFINITY, or Zilliqa, or others.”

“Ethereum does have hundreds of thousands of people who are during the day paying all of their attention to Ethereum, making a living doing that sort of work.”

“In Q one, if you were to look at Ethereum as a business and we can have this debate about whether it is or not, but if you were to look at it as a business, it produced four hundred million roughly in free cashflow or net income, which makes it the most profit…”

“Three years ago, if I were to write the same data to Ethereum, it would cost me a million times more to write that row. Today, it costs about a thousand times more.”

“And so the way that I look at it, and this is not a broadly held view, but the way I look at it is that's a database company.”

“The total market cap of Ethereum is 7.6 times snowflakes market cap.”