[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Nomad [@JourneyMacro](/creator/twitter/JourneyMacro) on x 3328 followers Created: 2025-07-18 00:15:33 UTC Over the last XX years, crypto users have largely been trading tokens and NFTs with each other. (What Vitalik refers to as the Ouroboros trade) TBQH people were trading mainly useless tokens with each other. Even so, ETH's marketcap reached hundreds of billions dollars. ----------- The next phase: We're now at the precipice of the next era in Crypto. Stablecoins and tokenization (recently recognized by Larry Fink, Tom Lee and Vlad Tenev), transitions Ethereum from Ouroboros to Ethereum as THE world ledger. This is extremely important to understand: People don't realize we're transitioning from a global banking ledger system built on COBOL located in hundreds of locations around the world to a single trustless blockchain global ledger that has synergistic network effects. WE'RE BASICALLY ALLOWING ALL THE BALANCE SHEETS OF THE WORLD TO INTERMINGLE TRUSTLESSLY. Ethereum is going to be much much much bigger than what most people can imagine for two reasons: 1) transactions will be much more time and cost efficient. 2) global banking ledgers that were previously capital silos can now participate in the one single global financial network. The monetary network effects (aka Metcalfe's Law) are going to be the largest we've seen in the world since the Rothschilds pioneered global banking using Medici double entry bookkeeping. We're seeing the birth of an entirely new banking system with ETH in the centre representing units in this new open world banking ledger. 🌎 And that's why ETH going 100x from $XXXXX is not crazy. $XXXXXXX ETH should be your base case if you understand what ETH is. XXXXX engagements  **Related Topics** [stablecoins](/topic/stablecoins) [billions](/topic/billions) [vitalik](/topic/vitalik) [nfts](/topic/nfts) [Post Link](https://x.com/JourneyMacro/status/1946000857314865410)
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Nomad @JourneyMacro on x 3328 followers
Created: 2025-07-18 00:15:33 UTC
Over the last XX years, crypto users have largely been trading tokens and NFTs with each other. (What Vitalik refers to as the Ouroboros trade)
TBQH people were trading mainly useless tokens with each other. Even so, ETH's marketcap reached hundreds of billions dollars.
The next phase:
We're now at the precipice of the next era in Crypto. Stablecoins and tokenization (recently recognized by Larry Fink, Tom Lee and Vlad Tenev), transitions Ethereum from Ouroboros to Ethereum as THE world ledger.
This is extremely important to understand:
People don't realize we're transitioning from a global banking ledger system built on COBOL located in hundreds of locations around the world to a single trustless blockchain global ledger that has synergistic network effects.
WE'RE BASICALLY ALLOWING ALL THE BALANCE SHEETS OF THE WORLD TO INTERMINGLE TRUSTLESSLY.
Ethereum is going to be much much much bigger than what most people can imagine for two reasons:
transactions will be much more time and cost efficient.
global banking ledgers that were previously capital silos can now participate in the one single global financial network.
The monetary network effects (aka Metcalfe's Law) are going to be the largest we've seen in the world since the Rothschilds pioneered global banking using Medici double entry bookkeeping.
We're seeing the birth of an entirely new banking system with ETH in the centre representing units in this new open world banking ledger. 🌎
And that's why ETH going 100x from $XXXXX is not crazy. $XXXXXXX ETH should be your base case if you understand what ETH is.
XXXXX engagements
Related Topics stablecoins billions vitalik nfts