Joseph Lubin
Joseph Lubin|Jun 04, 2025 01:54
If there was a commodity -- a magical trust diamond commodity.... And if you could take chips of this trust diamond stuff or diamond dust or even whole trust diamonds and apply the right amount to every transaction, agreement or relationship in the economy... And if this trust diamond was so hard that it could guarantee execution of transactions and processes on a world computer, no matter what adversary -- even the largest nation states -- tried to interfere, how much value would that add to every economic event that it touches? Would that kind of certainty and facilitation add 10% to global GDP? 100%? 1000%? And what if this world computer and this trust diamond stuff could enable far more agreements to be made and far more transactions to be packed into each unit of time, so that value creation could compound much faster and larger than we can currently imagine. Just how valuable would that magical trust diamond commodity be? Would it be the most valuable commodity on the planet? By what multiple? The ticker of that commodity is ETH. And that highest grade decentralized trust diamond has been reflecting all that potential back to us since the very early days of Ethereum.
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