Raoul Pal’s 5 Minute Pitch for ETH

I enjoyed Raoul Pal’s summary of the buying case for ETH. I like ETH but I don’t have Raoul’s conviction. Yes, I am neck deep in ETH. It still feels like a gamble to me though.

Raoul briefly covers his thesis for ETH here, saying that its network growth is twice as fast as Bitcoin’s. Network effects are what drive these kinds of projects forward. You can have the greatest system but without users it does nothing. So I’m glad to know that ETH is growing fast. I see this week’s resurgence of NFT hype as a good sign for the near term price of ETH.

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