I have indeed been thinking about some issues recently and haven't been too fond of socializing or replying to messages. ETH is indeed worth holding, at least from my perspective, Ethereum is still at the forefront of the industry.
A long time ago, I analyzed that RWA would be deployed on Ethereum, so I have always had hope for Ethereum. Although it attracts criticism, it does not change my optimism about Ethereum; all my stubbornness comes from data, and I really can't find a more suitable chain than Ethereum to deploy RWA, stablecoins, and other important infrastructures. Finance needs security and stability, and Ethereum's current model possesses security, stability, and appropriate scalability.
I proposed early on that Ethereum L2 is at the forefront of the industry and have written a lot about the advantages of Ethereum L2 layout. The industry now also begins to believe that L2 is the right direction. At that time, I metaphorically compared Ethereum to Microsoft, with L2 being various startups. UNI is also aiming to create its own layer two chain, and currently, many well-known traditional companies are lining up to join Ethereum's layer two chain. This is the most important transformation of power decentralization in blockchain, moving from the centralized L1 system to a more open L2 decentralized system. The disadvantage of L2 compared to L1 is that it is more centralized, but it is more efficient and customizable.
My evaluation of Bitcoin is that Bitcoin has achieved self-value realization. Everyone is the same; anyone can hold Bitcoin to compete with Wall Street, but I do not believe you will have a very good return. The scale and storage value positioning determine the quality and ceiling.
Bitcoin is equivalent to gold, while application chains are akin to technology companies in their early stages. I do not believe that gold can outperform Tesla, as I am someone who believes technology changes the future.
The biggest risk for Ethereum lies in Vitalik's pursuit of a decentralized governance system; therefore, he will make some comments that are not friendly towards the government. There is only one person in the world who is the least happy to see Ethereum ETF pass, and that is Vitalik. Things always have two sides, and thus Vitalik has relinquished control over Ethereum but continues to fight for it…
