jamesdesign.eth's cast | Paragraph

jamesdesign.eth](https://paragraph.com/0x181e3345c332178cbef5caea0eca196c9d78bb57)

May 29

The reason why I'm bearishness is also the reason why I take any chance I can to intellectually dunk on the finance bros and the kumbaya marketing. Ethereum is not a stock share, it is infrastructure.

There will be no viral app that onboards millions; in fact, Ethereum is weakest when it onboards millions at a time and strongest when it's solely seen as infrastructure.

e.g, Constitution DAO, Farcaster Pro, BAYC, vs Milady, Quiet DAOs

Farcaster requires brute-forcing DeFi by small individuals like cassie and Quorum just to keep the platform consistent with the ethics and morals of its primitive. That's not sufficiently decentralized; that's dictatorship until someone usurps the power.

This is why the shame wizard strikes them with thunder. Spreadsheet brains and profit-driven incentives are swept away by misnomers and ideologies because Ethereum is not a stock-share, it's a gas token.

Ethereum can win even if the price tanks to $500 because the value of Blockchain isn't profit; it's infrastructure.