Why is ETH Down so bad? [13_TcG-nq55]

SOL/ETH is up 300% YoY and ETH/BTC is down 50% over the last 2 years. Why is that? Why is ETH underperforming so bad? Kyle Samani is the Managing Partner & Co-Founder at Multicoin Capital. Kyle and Multicoin have been one of the largest investors and proponents of Solana. They have been spearheading the ‘integrated blockchain’ investment theses even before the success of Solana redefined that corner of crypto. This episode is not intended to be a debate like the Anatoly vs Justin Drake one. Ryan and David are mostly going to sit back and hear Kyle’s perspective and reasoning as to why ETH has been down so bad in this crypto cycle. Enjoy! ------ 🎬 DEBRIEF | Ryan & David Unpacking the Episode: ------ 📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠ 🦄UNISWAP | BROWSER EXTENSION ⚖️ARBITRUM | SCALING ETHEREUM ⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK 🌐 OBOL | STAKE ON DVs, SCALE ETHEREUM 🗣️TOKU | CRYPTO EMPLOYMENT ------ ✨ Mint the episode on Zora ✨ ------ TIMESTAMPS 0:00 Intro 5:40 Ethereum in a Vacuum 10:10 ETH Vs. BTC 25:50 Broken Layer2 Interoperability 34:46 Value Capture 51:46 What Needs to Change 55:23 Decentralization 1:06:34 Solana 1:12:25 Steelmanning Ethereum 1:17:49 Closing & Disclaimers ------ RESOURCES Kyle Samani Multicoin Capital Paths To Tens Of Trillions Blog Post ------ Not financial or tax advice. See our investment disclosures here: #co to jest bitcoin #bitcoineer #crypto wallets vergleich #soft moon crypto #best bitcoin etf