Those of you trying to value $ETH w fundamentals and justify this PA rn w crypto native baggage are underestimating the magic you felt when Ethereum and smart contract platforms first clicked for you. Wall street hedge funds never truly had to rationalize crypto as an asset class. The 2020/2021 run happened in a flash and it was a fun distraction, now they have to actually do some work. Their talking points around $ETH are elementary because they are literally figuring out wtf it is now. Seeing these CNBC clips actually just reminds me of when I first read the ethereum whitepaper and watched some vitalik interviews and decided $ETH was digital oil / programmable money / the internet of finance. We’re all too jaded and cynical at this point to remember it, but do not fade that beautiful feeling of discovering groundbreaking blockchain tech for the first time. It’s happening right now for the richest institutions in the world. The last thing they’re thinking about is cash flows.