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The Case for Sovereign Blockchains | Sunny Aggarwal, Dmitriy Berenzon

Bell Curve

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The Reorientation of the Conversation

The value of the ETH is based off of the amount of activity and the applications on top really determine how much activity there will be, right? And so as these apps get more users and more traction and more leverage, frankly, to take their users where they want to go because the apps are the stickiest layer. I would even call it like it's a reorientation in a lot of people's minds, right? Which is like this sort of maybe you were starting from this point that you didn't even realize, which was, oh, these are the rails and value is going to grow here.

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