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Bankless

Why You Should Still Be Bullish ETH | Anthony Sassano

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 5 November 2024

⏱️ 112 minutes

🧾️ Download transcript

Summary

ETH is down bad when compared to SOL & BTC, but is all this narrative following price or something more fundamental?

We’ve got Anthony Sassano on the podcast today. He’s a notable angel investor,  ETH bull, and creator of Ethereum podcast The Daily Gwei. Anthony is here to bring us some clarity to all the noise that has been going around the ETH price these days. He answers the criticisms, gives us the bull case and tells us what’s next.

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TIMESTAMPS

0:00 Intro
5:01 How is Ethereum Going?
8:52 Why is ETH Down Bad?
19:43 Are L2s Parasitic?
34:02 Is Ethereum Security Overkill?
39:41 ETH vs SOL Metrics
46:32 Making the L1 Great Again
54:41 ETH Pincer Attack
1:01:21 Investors Barbell Strategy
1:05:42 Ethereum’s North Star
1:12:57 ETH Bull Catalysts
1:18:25 Based Rollups
1:28:07 Ethereum’s Marketing Problem
1:37:37 What’s Next for ETH
1:48:46 Closing Thoughts

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RESOURCES

Anthony Sassano
https://x.com/sassal0x  

The Daily Gwei
https://www.youtube.com/c/TheDailyGwei  

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

at that market cap we need that bigger money marginal buyer to decisively move move ether.

0:05.6

But I think as part of the regular market cycles as well, with a flight of new kind of money

0:10.0

coming in from like retail investors, that can still move ether up. But if you want ether like

0:14.2

10, 15, 20k, it needs to be the big money as well, like the Wall Street, ETF money. It can't just

0:19.6

be that regular retail buyer.

0:25.3

Welcome to Bankless, where we explore the frontier of internet money and internet finance.

0:29.6

This is Ryan Sean Adams.

0:30.6

I'm here with David Hoffman, and we're here to help you become more bankless.

0:34.8

We've done a lot of ETH episodes lately.

0:39.7

Some ETH episodes that have been more bearish. This is not one of those. This is an episode that is Max bullish on ether the asset

0:45.8

and Ethereum, the network. We got Anthony Sassano here. He took a couple months off on vacation,

0:52.8

and he came back with some bull fud busting fury pent-up

0:56.8

demand pent-up energy yeah i think he heard rumor of some of the episodes that that we did with

1:02.9

you know like kyle and max and he wanted to uh you know come on and basically refute some of the

1:08.9

points made so we've got three parts to this episode.

1:11.9

First, him answering the criticisms, then him making the bullcase for either the asset

1:17.0

and explaining why he is still bullish and then prognosticating on the future, particularly

1:22.1

the question that's in a lot of Heath Holder's mind is like, uh, when we going up?

1:26.3

Yeah.

1:26.5

Is this cycle going to skip?

1:28.2

When us?

1:28.8

My asset.

...

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