Why I think Tom Lee is wrong.
I’ve been thinking about this for a while, and I still haven’t found the perfect way to explain it — but here’s the gist.
Think of Ethereum like copper.
If it ever becomes the backbone of Wall Street — powering how stocks and assets are managed — that would be a huge technological win. But it would also mean ETH’s price would likely drop to its utility value.
Why? Because things that become infrastructure can’t stay expensive. Copper was once considered precious, but as soon as it became useful for wiring and industry, its price settled to what people could afford to actually use.
So here’s the trade-off:
Ethereum can either become the core tech of Wall Street and get cheap, or stay valuable but never really be used at that scale.
It probably can’t have both.
Gold on the other hand, its utility WAS the store of value, just like Bitcoin.
To all friends using wss://relay.nostrarabia.com.
I am migrating the relay to a new and improved relay implementation.
All should be working fine interacting with the relay, I’m slowly moving the history from the old to the new.
#nostrarabia
@Shopstr Markets Hello.
I applauded some items to sell, but I am having issues with the website not loading items properly and giving me issues when pulling information from relays.