Andrew Keys and David Merin join us to unveil the Ether Machine—a bold new strategy to make ETH the internet’s reserve currency.
We unpack their ambitious plan to acquire and actively manage hundreds of thousands of ETH, why they believe ETH is more than just a treasury asset, and how institutional capital can finally understand and tap into Ethereum’s full potential. From staking and restaking to DeFi yield generation and Wall Street education, this episode explores why Ether is not just digital oil—it’s the engine of the next internet.
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TIMESTAMPS
0:00 Intro
1:32 How Much Ether?
4:57 Other ETH Treasuries
9:41 Ether Machine
12:46 ETH vs BTC
17:27 Ether Machine DeFi Strategy
21:14 Explaining ETH to Wall Street
26:01 How Big is ETH?
28:14 ETH ETFs vs Ether Machine
37:13 Andrew’s Journey
40:54 Gensler’s SEC Era
43:30 Michael Saylor of ETH?
49:29 Decentralization Worries
52:09 ETH’s Narrative Problem
56:47 The Institutional Cycle
1:00:41 Closing
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RESOURCES
The Ether Machine
https://x.com/TheEtherMachine
https://ethermachine.com/
Andrew Keys
https://x.com/ak_ethermachine
David Merin
https://x.com/dfmerin
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https://www.bankless.com/disclosures
