In the US, there is no institutional investment. The SEC is hostile to the space and has proposed rules specifically around the custody of digital assets that make it impossible for a bank with retail customers to offer crypto projects. It's really regulatory uncertainty right now. And until we get that clarity, there ain't no banks that are going to be buying ETH anytime soon. Jake Wallis: I'm quite focused on Bitcoin adoption as legal tender, Bitcoin as a reserve asset. We have done a lot of research on what are the types of countries that might adopt Bitcoin under those circumstances. Then we ask ourselves, well, what about Ethereum? Why wouldn't they adoptETH?Wallis: But this
Can the price of Ethereum really reach $30,000 by the end of the decade? On the show we go on a journey through VanEck’s new report detailing how exactly Ethereum can get there.
0:00 Intro 6:37 ETH to $11.8K 11:17 ETH Versus T-Bills 14:29 Predicting Ethereum Revenue 19:12 ETH As a Currency 25:21 Ethereum Security As a Service 30:20 Base vs Bull vs Bear Case 36:15 $300 or $50k? 45:14 The Impact of L2's 50:08 Ether vs Gold vs Bitcoin 53:56 Applying The Model To Solana 59:47 Inflows Are Important 1:01:45 Van Eck's Investing Strategy 1:05:06 When is The Next Bull Market 1:08:22 Closing And Disclaimers
---- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
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