ETH Tuesday
The Force isn't through with this one yet.
As I explain in today’s brief livestream, there’s no need to join the chorus of Overton mediocrities: people trying to discern if Chipotle will have a profitable quarter, or if Airbnb’s app refresh was wise … as we are rapidly nearing a global war situation.
Ukraine took out some bridges, emboldened by their drone success against Russia’s bomber fleet.
Instead of trying to decide if I’m bullish or bearish on a burrito bowl company, I’m trying to figure out how durable will these blockchains be during possible prolonged war. Bitcoin has Blockstream satellites to carry the transaction history forward if war fractures the Internet — what is ETH working on? Will Ether become the social currency of choice on the Internet when war breaks out? Is there still an Ether node running from the international space station?
In the gold arena… How much does the very recent massive gold deposit discovery in China weigh down gold’s appeal as a rare money format?
These are the questions that weigh on my mind. Not whether Chipotle is the future of America.
In growing my Bitcoin and gold position, I’ve neglected sacred Ether to an extent. That oversight (an oversight indeed!) has been corrected with some rebalancing.
We still get the future we speculated about all those years ago…
Onward,
D