In this episode of the Bankless podcast, Anthony Sassano, a well-known advocate for Ethereum, addresses the criticisms surrounding Ethereum's price movements and future plans. He argues that while Ethereum's Layer 2 scaling solutions were initially seen as a burden, they actually play a crucial role in enhancing the ecosystem by keeping users engaged. Sassano believes that the long-term value of ETH comes from its status as a reliable store of value, rather than just from transaction fees on Layer 1. Despite acknowledging the fierce competition from other Layer 1 blockchains, he remains optimistic about Ethereum's future, pointing to the promise of base rollups and the enormous potential for growth as billions of users and devices come online. He also highlights the importance of better marketing and communication strategies for Ethereum.
