Ethereum

Coinbase is going to use ether and, uh, there isn't a consideration about whether or not they're running a file of securities laws because they're not issuing anything that could potentially look like an investment contract. And so I think this is part of the brilliance of like the move itself, which is, let's actually just leverage this decentralized object that already exists. It's called Ethereum. We can build a more of like a custom tailored L2 on top of a very secure settlement network. Uh, I think many folks are going to start to do something very similar.

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