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guys, imo Vitalik has believed ETH was an SoV since (or sometime shortly after) he launched the chain indeed, it is the best way to explain its comparative market cap and…

DCinvestor
Published: 2026-11-08 23:22 UTC
Collected: 2026-11-09 01:24 UTC
Original language: Not supplied by source
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Original source excerpt

guys, imo Vitalik has believed ETH was an SoV since (or sometime shortly after) he launched the chain indeed, it is the best way to explain its comparative market cap and predominant use of ETH what…

guys, imo Vitalik has believed ETH was an SoV since (or sometime shortly after) he launched the chain indeed, it is the best way to explain its comparative market cap and predominant use of ETH what’s happened now is he and others are making it clear to detractors (to the extent that they can) that this use case is “official” and is something the protocol should explicitly optimize for instead of arguing with it about hippie devs and people who want to destroy consensus against such an outcome maximizing the hardness and desirability of ETH as a non-sovereign store of value asset which people want to hold is good for Ethereum

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