okay, hear me out:
we are positioned to make crypto MATTER for the world.
for anyone from the single mother trying to save for her kids tuition to the refugee who had to escape war, all the way to the high schooler that wants to start learning about finance.
HOW?
low risk defi on ethereum is essentially a universal savings account that can let anyone anywhere save the money they earn
let’s think about this way:
the crypto 1x (let anyone save money globally) is an amazing breakthrough considering that most people are currently making a ~0.8x due to inflation.
a traditional US savings account yields 0.4%
and that 0.4% is in the UNITED STATES, the most economically powerful country in the world, people in other countries have it far worse.
but now, for the first time EVER:
anyone, ANYWHERE can access stable yield.
most people don’t have access to US treasury yields,
but EVERYONE has access to low risk defi,
everyone has access to Ethereum.
and these stable yields on ethereum are consistently doing 4% at scale.
so what does this man?
it means compounding money, the holy grail of personal finance, is now available for everyone in the world.
this =
more people being able to send their kids to college, raising up their life opportunities, their standards and their ability to impact the world.
It’s beautiful, it’s real, and it’s happening.
dear ambitious people,
look after yourself so you can be your best over a long period of time
if you succeed, people will depend on you for much longer than you think
so don’t lose your spark by burning out too quickly there’s much to do and only you can do it.
dear old friend,
if you are going to devconnect tomorrow, please know this:
there are no audiences here, only authors.
ethereum is not the work of a few names, it never has been.
it is the accumulation of thousands of choices made by people who cared enough to build something better than what they were handed.
so: when you walk into these rooms, talk to everyone.
greet the newcomer the same way you greet the legend.
do not build pedestals in your mind.
the people you admire started exactly where you are.
the next breakthrough might come from the person sitting alone on the edge of a hallway.
devconnect is a place where hierarchies should fall away.
a place where the future is not handed down from a stage but shaped in circles, in questions, in unexpected collisions between strangers.
no one here is above you.
no one here is below you.
you are all ethereum.
every single one of you.
the protocol is shaped as much by your curiosity, your conversations, your courage to share an idea, as it is by any upgrade or proposal.
ethereum becomes what its people dare to make it.
this week, remember that your presence is not passive.
you carry the same power as anyone else in this city.
the power to start something.
the power to change something.
the power to make this ecosystem stand tall.
talk openly.
share freely.
listen patiently.
build with people who think differently than you.
treat every encounter like it might become the doorway to a new chapter, because it often is.
you are not here to observe the story of ethereum.
you are here to write it.
good luck and much love.
your number one fan,
binji
narratives die fast nowadays because
it’s always “this is revolutionary tech”
& never “this is a revolution”
bitcoin is a revolution
ethereum is a revolution
you & your friends changing the world > you & your friends making money
& if you get it right, you can do both.
i don’t do equities much but I am giga long airbnb because I think @bchesky understands that the only irreplaceable thing in a fully digitalized world is human connection, and everyone’s going to want that soon enough.