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150 - Bull Case for Ethereum IV with Justin Drake, DCinvestor, & Anthony Sassano
Bankless
Bitcoin Is the Flight to Safety Asset in a Bear Market
Einstein: If ETH is the best performing asset in a bear market, what's it going to do in a bull market when we don't have this minus cell pressure? The value accrues to holders. No longer is value accruing to miners who don't hold the ETH. They're forced to sell. It is now accrued to stakers, which are much less likely to sell because they cost them much lower. So you take all that into account, and I don't know how you can be bearish on ETH.
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