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203 - ETH in 2024

Bankless

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Ethereum's Evolving Financial Identity

This chapter examines the intricate definitions of money, particularly focusing on Ethereum's role alongside Bitcoin in the financial landscape. It discusses the challenges Ethereum faces in competing for recognition within traditional finance and critiques the concepts surrounding 'ultrasound money'. The conversation also emphasizes the importance of yield in attracting new investors, as Ethereum transitions from an execution layer to a more versatile settlement layer.

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