Why is there still a lot of space for garbage Ethereum?
Web3 payments benefit ETH, UNI, MKR, AAVE, and wallets. Stablecoin payments have already entered the real world. Recently, traditional institutions and companies are making moves, such as PayPal issuing its own stablecoin; Stripe acquiring Bridge for $1.1 billion, and Stripe is also a giant in global payments; the Bank of Thailand supports stablecoin transfers. All these signals indicate that 1. Stablecoin payments have already formed a scale in the current environment, 2. The prospects are quite optimistic, 3. There is a good opportunity to seize the traditional fiat transfer market. Cross-border transfers in USD are expensive and slow, and there are high barriers to entry with bank accounts. The payment sector has a strong network effect. One can imagine the viral spread of WeChat red envelopes back in the day. Once a certain scale is reached, the subsequent growth will be exponential.
1. For Ethereum, the biggest demands for financial payments are safety and speed. Institutions that layout Web3 payments will ultimately have to choose Ethereum.
2. Ethereum's mid-term work remains scalability, that is, high performance and low gas fees. These problems must be solved before the payment explosion, so I believe Ethereum is sacrificing short-term gains for larger long-term returns.
3. The core driving force behind Ethereum's price increase is still gas income, which means lower supply and higher demand. The core of income growth comes from the B-end, not the C-end. This is also a law of the real world. We can look at the income of giants: WeChat and Google's core income comes from B-end advertising services, Microsoft's from enterprise cloud services, and 90% of McDonald's comes from franchises.
Recently, I plan to ambush a potential coin that is ready for a big surge; it's quite easy to double. Meanwhile, I also plan to find some potential coins to hold until the end of the year, with expected growth potential exceeding 10 times being very feasible. If you want to keep up, follow me, leave a message, like, $BTC $ETH