Ethereum — "a commodity of trust"
What is a commodity of trust? Lubin refers to Ethereum not as a cryptocurrency but as a "commodity of trust," meaning that Ethereum is not just a life asset but guarantees a fundamental and reliable foundation for the entire financial system. Bitcoin is often used as a means of preserving value, while Ethereum, in my opinion, is a new potential type of application for financial solutions. It's like finding the recipe for a perfect dish—no one has come up with anything better.
Value: Lubin asserts that Ethereum will be worth more than Bitcoin and its value, as it can subsequently support a wider range of applications from decentralized finance to NFT smart contracts. It's like comparing not just a single car but an entire fleet where each vehicle has its unique capabilities.
Negotiations with sovereign funds
Institutional adoption: Negotiations with major banks and sovereign funds seem like a complex chess game where every move matters. If these negotiations are successful, Ethereum will become part of national reserves. This is akin to receiving a gift in the form of a new sport—everyone is concerned about the bonuses.
Growth potential: The participation of major financial institutions in the Ethereum ecosystem could create new demand and later increase its value. This likely means ETH will surpass all price expectations.
A new global financial architecture
Solana and competitors: Lubin states that despite significant demand from Solana and other blockchains, Ethereum is laying the groundwork for a new global financial architecture. He believes that applications on Ethereum offer flexibility and the ability to integrate with other systems and technologies. It’s like your village being built on a solid foundation while neighbors are trying to construct their homes on sand.
The future of finance: Lubin writes that these decentralized protocols can change the rules of the game in the financial sector. He believes we are on a new path where traditional banks are becoming less significant, and new platforms are taking over the role of banking without the bank. "Imagine a world where your money works for you, not the other way around!" he says.
Decentralized protocols
Answer to modern financial challenges: Lubin claims that decentralized protocols are the right answer to some of the contemporary issues in finance, such as inflation and lack of oversight. These technologies could provide greater accessibility and security, especially in the context of a global financial crisis. "It's like finding a way to safeguard your transparency against all types of risks," he smiles.
Business projects of the Trump family
Large-scale initiatives: The interest shown by Trump and his family in Ethereum and Bitcoin could transform into a significant event for the cryptocurrency world. If they really launch massive business initiatives based on these technologies, it might elevate them to a recognized status among the public and lead to more industrial adaptations. "We will have TrumpCoin, and it will be worth at least $100 per coin!" analysts comment.
Market impact: If Trump's initiatives become popular, it could positively influence the cryptocurrency market and facilitate a faster adoption of blockchain technology in traditional business models. "Sooner or later, we will see cryptocurrencies integrated into credit cards or mobile payments," says Lubin.
Thus, Lubin's views on Ethereum and its significance for the financial workforce open up numerous avenues for discussion and analysis. We stand at the threshold of redefining finance and the economy in general.
