In this episode of Bankless, Joe Lubin, co-founder of Ethereum and CEO of ConsenSys, discusses Sharplink (SBET), a publicly traded company with a strategic treasury focused on Ether, drawing parallels to Michael Saylor's MicroStrategy. Lubin reflects on past regulatory challenges with the SEC and expresses optimism about the current regulatory environment. He also touches on the potential for tokenizing equity and the broader implications of Ethereum as a foundational technology, emphasizing its role in a paradigm shift towards decentralized protocols and its potential as a superior treasury asset due to its productivity and yield. The conversation explores strategies for growing SBET's capital pool, the importance of end-user applications for Ethereum's growth, and the long-term vision for Ethereum's scalability and adoption, including the potential for native roll-up technology.