Austin Griffith

Ethereum is dominating as the world's hub. This will continue to global ubiquity. ETH is on track to be worth trillions. Both centralization and decentralization are inseparable twin drivers of ethereum's network economy. Maximized decentralization provides the foundation, while centralization that's built on top of that maximized decentralization delivers best-in-human-history property rights and self sovereignty. It may seem ironic or perhaps unfortunate that many of the greatest centralized success stories in crypto have been on the eth L1, ie. on the chain that's most historically associated with decentralization maximalism. But it's not irony or coincidence. As Ethlabs and Etherealize say: it's by design and one of our best superpowers. Whether USDC or USDT, or Binance staked ETH, or Arb's relatively decentralized gov-elected security council, or Base L2's ambition to become as decentralized as an L1 blue chip, or your family's assets on L1-- centralization thrives on ethereum specifically because of our best in class decentralization. This unique synergy between centralization and decentralization, it exists on no other chain as Bitcoin has no app layer and alt L1s are centralized, and it is responsible for eth's dominating market share of app capital, defi TVL, and L2 settlement. It will send eth's hub & spokes model to global ubiquity and ETH to trillions. If you don't believe in ETH, no problem, you can buy mine at $25k. But if you do believe in ETH, consider believing in it more than ever. As I do. Believe that our top level strategy is working. Believe in our hypergrowing network effects driven by both centralization and decentralization. Believe in somETHing.