1. How much will Ethereum see in this bull market?
Such questions are very embarrassing to answer, because I am also guessing, purely based on historical data.
I don't know how much it can reach.
I hope it can reach $10,000. But I think this price is also uncertain, because so far, there are no out-of-circle applications in the Ethereum ecosystem. Without out-of-circle applications, it is probably difficult for the price to rise sharply.
2. Is Binance's lead investment in UNISAT a big boon to Inscription?
I think it is a good thing, but not a big one.
I am now increasingly pessimistic about the news of such large institutions leading the investment.
What is really great about UNISAT is that when only a very small number of people are paying attention to the Inscription ecosystem, it took the lead in laying out in the Inscription ecosystem, and actually launched a series of practical products (although the user experience of these products needs to be improved). For example, if it didn't have its wallet, I'm afraid I would have participated in this ecosystem later.
If UNISAT can continue to move forward in this direction, it can further build its ecosystem and user base regardless of whether anyone invests in it or not.
So the real sustainable and long-term benefits of a project still lie in the project itself, whether it is working hard to build, whether it is continuously innovating...
As for the investment of large institutions, it is at most icing on the cake, and it is difficult to become a sustainable and long-term benefit for a project.
3. Don’t mention the ecosystem. The cryptocurrency circle has been around for 10 years. Which ecosystem has realized the vision of the white paper?
The cryptocurrency circle has been around for 10 years, and Ethereum has been moving towards the vision of the white paper. Although the distance is still far, the pace is still staggering, the process is very tortuous, and even disputes continue, the pace of progress has never stopped.
My confidence in it has never wavered, and I have never doubted its vision.
Of course, throwing Ethereum into the crypto ecosystem consisting of thousands and countless projects is like throwing a small stone into the vast ocean, and not even a splash can be seen. There are too few such projects, so few that they can even be ignored. We can see that more projects are just playing soy sauce, trying to survive, or even fishing in troubled waters.
![WqRpu3ORIcEzb5VVtcX16IGwOCUdhIYKOo3CbEzH.png](https://img.jinse.cn/7266806_image3.png)
But this has nothing to do with it, and this is also a very normal phenomenon.
Looking back at human history, it has always been a few projects, a few companies, and a few elites that have promoted scientific and technological progress and driven the historical process.
99.99% of the projects, companies, and sentient beings that have appeared in the thousands of years of human history are just ordinary passers-by, and they will hardly have any significant positive impact on history.
Despite this, it is those very few projects, companies, and elites that have set a benchmark for all mankind. They represent the height that human civilization can reach and the brilliance that human wisdom can shine.
It is precisely because of this height and brilliance created by our predecessors that future generations can know the direction and see the light. There will be very few new projects among future generations that will subvert life, new companies will create miracles, and new elites will lead mankind forward.
This is how Satoshi Nakamoto took over the fire from the predecessors of Cyberpunk, and this is how Vitalik took over the fire from Satoshi Nakamoto. It is precisely because of such a relay one after another that we can see today's colorful crypto world.
It is precisely because there are very few projects like Bitcoin and Ethereum, so once we encounter them, we must dare to place a relatively heavy bet within the risk range that we can bear. This is what I have repeatedly emphasized: Bitcoin and Ethereum should not be less than 50% of the total configuration of our encrypted assets.