Joe Lubin, co-founder of Ethereum (ETH), says that decentralization is the key narrative driving markets over the next few years.
Lubin, who is the chairman of SharpLink, an online gaming firm with an Ethereum Treasury, said in a recent interview that his company’s strategy for ETH accumulation is to increase awareness about the world’s leading platform for smart contracts.
It’s all about the Ethereum story. Wall Street pays attention to what? Wall Street is concerned with the ability to earn money. What will we demonstrate? We believe Ether and Bitcoin will continue to grow over the coming years as decentralization becomes the new paradigm. This is going to be a bid for these tokens .”
Lubin’s ETH treasury is similar to Michael Saylor’s Bitcoin (BTC), treasury, with Strategy.
The anticipation that we – Saylor and ourselves – will accumulate more and more regularly, in both large pieces and just by selling ATMs, allows us to earn tens and millions in Ether per day through these ATM sales. We’re going to just keep on doing what we are doing .”
SharpLink Gaming, in a press release from May this year, announced that it would purchase $475,000,000 worth of Ethereum and use the asset as its primary reserve.
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Sources of Images include Pixabay Creative Commons & Midjourney
This post Billionaire Joe Lubin predicts rise of Bitcoin and Ethereum as decentralization becomes a ‘direction of travel for the world’ could be updated with new information.
