According to Odaily Planet Daily, Ryan Sean Adams, co-founder of Bankless, wrote on the X platform that ETH as a currency is the key, otherwise the whole thing is meaningless.
He noted that if L1 chain DeFi can be shut down by the Treasury via email, then it’s just fintech with an extra step.
Adams believes that to realize a true Internet sovereign currency system, a huge economic asset is needed as the base currency to compete with the G7, and the market value of ETH needs to reach 10 trillion.
