Hey Folks,
Happy Sunday to you all!
A few weeks ago, someone asked me why I was so confident picking up ETH in the most recent dips. Why I still had conviction in a cryptocurrency that already has so much competition from advanced layer 1s.
My answer was: ETH 2.0.
They rolled their eyes.
To be honest, I don't blame them. It seems as if the Ethereum upgrades are often just recited as if a verse from the bible. Of course, it doesn't help the fact when people are disappointed by the inevitable delays that we have seen with the upgrade.
However, like an Iceberg, the news and rumours are only the tip. A lot is being done under the waterline and the “merge” could come sooner than you think.
In my video today, I am going to tell you exactly why I still remain so bullish on ETH. Why the ETH 2.0 upgrades are anything but a meme and how it could lead to an ocean of capital flooding into the cryptocurrency.
I also give a few of my predictions around the timeline for the release and what it could mean for the scalability of Ethereum (if any).
This includes the current layer 2 landscape, how they will fit into ETH 2.0 and why you should consider both as part of your portfolio.
I do also highlight some risks to ETH of course. Risks that you need to know about before considering it as an investment.
P.S. Enjoy the disclaimer & outro, my cousin decided to interrupt it
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⛓️ 🔗 Useful Links 🔗 ⛓️
Bankless Podcast: https://www.youtube.com/watch?v=b1m_P…
Vitalik Speaking Chinese: https://www.youtube.com/watch?v=KJetJ…
Vitalik Tweet: https://vitalik.ca/general/2021/12/06…
Endgame: https://vitalik.ca/general/2021/12/06…
Sharding: https://ethereum.org/en/eth2/shard-ch…
Reddit Post on Exits: https://www.reddit.com/r/ethstaker/co…
ETH 2.0 Mechanics: https://medium.com/stakefish/deeper-d…
Layer 2 Scaling: https://www.bloomberg.com/news/articl…
Santiment Address: https://twitter.com/santimentfeed/sta…
Tim Beiko Update Kintsugi: https://twitter.com/TimBeiko/status/1…
Kintsugi Launch: https://www.coindesk.com/tech/2021/12…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
