1. How much will Ethereum see in this bull market?
It is very embarrassing to answer such a question because I am just guessing, purely based on historical data.
I don't know how far it will go.
I hope it can reach $10,000. But I think this price is uncertain, because so far, there are no popular applications in the Ethereum ecosystem. Without popular applications, it is difficult for the price to rise sharply.
2. Is Binance’s leading investment in UNISAT a big boon to Inscription?
I think this is good news, but not a big one.
I am now becoming less and less interested in news about investments led by large institutions.
What’s really great about UNISAT is that it took the lead in laying out its presence in the inscription ecosystem when only a few people were paying attention to it, and actually launched a series of practical products (although the user experience of these products needs to be improved). For example, if it weren’t for its wallet, I’m afraid I would have participated in this ecosystem much later.
If UNISAT can continue to make great strides in this direction, it will be able to further build its ecosystem and user base regardless of who invests in it or not.
Therefore, the real sustainable and long-term benefits of a project still lie in the project itself, whether it is working hard to build and whether it is continuously innovating...
As for the investment from large institutions, it is at best icing on the cake and it is difficult to become a sustained and long-term benefit to a project.
3. Don’t even mention the ecosystem. The cryptocurrency industry has been around for 10 years. Which ecosystem has realized the vision of the white paper?
Ethereum has been in the cryptocurrency world for 10 years and has been moving towards the vision of the white paper. Although the distance is still far, the pace is still slow, the process is very tortuous, and there are even continuous controversies, the pace of progress has never stopped.
My confidence in it has never wavered, and I have never doubted its prospects.
Of course, throwing the Ethereum project into the crypto ecosystem consisting of thousands and countless projects is like throwing a small stone into the vast ocean, without even a splash. There are too few such projects, so few that they can even be ignored. When we look around, we can see that more projects are just making soy sauce, trying to survive, or even trying to fish in troubled waters.
But it doesn’t matter at all, it is also a very normal phenomenon.
Looking back at human history, it has always been a few projects, a few companies, and a few elites that have promoted scientific and technological progress and driven the course of history.
99.99% of the projects, companies, and beings that have appeared in the thousands of years of human history are just ordinary passers-by, and they will hardly have any significant positive impact on history.
Despite this, it is those very few projects, companies, and elites that have set a benchmark for all of humanity. They represent the heights that human civilization can reach and the brilliance that human wisdom can shine.
It is precisely because of the heights and brilliance created by our predecessors that future generations can know the direction and see the light. Among future generations, there will be a very small number of new projects that will subvert life, new companies will create miracles, and new elites will lead mankind forward.
This is how Satoshi Nakamoto took over the flame from his cyberpunk predecessors, and this is how Vitalik took over the flame from Satoshi Nakamoto. It is precisely because of such relays one after another that we can see the colorful crypto world today.
It is precisely because there are very few projects like Bitcoin and Ethereum, so once we encounter them, we must dare to place a relatively heavy bet within the risk range that we can bear. This is what I have repeatedly emphasized: Bitcoin and Ethereum should not be less than 50% of the total configuration of our encrypted assets.