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Been thinking about #tendermint / #BFT / #Libra and what it means to be a settlement layer vs a MoE layer, and the gradient of crypto finality and how that relates to the centralization of the system and what we might see emerge with #ETH2 as a result.

$ETH isnโ€™t money.
Iโ€™ve heard that said many times over by smart people working on the project.

So why does everyone say it is? ETH is simultaneously derided for being bad for tokens but not acknowledged as being great for SC.

Why not money? It gets complicated.
A deep dive into the Libra white paper reveals an interesting tech stack. The two things that stick out to me:

Ability to influence transactions.

Shortcuts the hard stuff by making it centralized. Their model doesnโ€™t have to deal any of the real world hard stuff, like forks.
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