Damian Sowers 🦇🔊 Profile picture
Founder @levelframes. JPG speculator.
Oct 22, 2019 7 tweets 2 min read
Consider the following scenarios:

1. Ethereum fails to deliver a scalable PoS network and holders see another 90% decline.

2. Ethereum delivers a scalable global settlement network.

Let’s embrace extrapolation for a minute and consider the potential of scenario 2.

(thread) A) Global equities settle on Ethereum. There’s no closing bell or rent-seeking clearing houses, and the history of every transfer is fully transparent.

Etherscan can now present you with a cap table for any company in seconds.

Global market cap for stocks: $73 trillion.