ETHEREUM
Hey guys, welcome back. Now, ever since Michael Saylor has been investing in Bitcoin, let’s be honest, he’s never really had a good word to say about Ethereum when it came to digital assets; there was only ever one Bitcoin.
However, after a recent ruling by the SEC, this seems to have had a big impact on Michael Saylor.
So in this article, we’ll be covering Michael Saylor’s latest thoughts on Ethereum. It appears he’s starting to flip on them. What this recent ruling change was by the SEC, and why it’s massively bullish for Ethereum.
Then, we’ll finish up with some final advice from Michael Saylor for the average investor who has chosen to invest in altcoins.
Okay, so first up, let’s get the latest thoughts of Michael Saylor on Ethereum. It appears he’s warming up to the other blue-chip digital assets.
Saylor on Ethereum
“With regard to Ethereum, my observations are, I think it’s auspicious that the SEC approved the futures Ethereum ETFs.
The fact that those were approved is auspicious for Ethereum because they could have denied them. I think there’s still a lot of uncertainty around what happens next because all the various use cases are under regulatory scrutiny. So, to understand what happens next, you kind of have to be very sensitive to regulatory developments with regard to DeFi, with regard to crypto securities, with regard to stable coins.
All of these are complicated areas; we could have a multi-hour podcast discussing all the nuances of every other part of the digital assets economy. NFTs are interesting, stable coins are interesting, crypto digital exchanges are interesting. All these DeFi things are interesting. They’re all controversial. They’re all risky.
And I just want to make the point, which I’ve made before, it’s like, I think the 7,000 publicly…