Ethereum Foundation's New Mandate Has The Community Divided | Bankless Takes

Bullish:

• $ETH - Ethereum Foundation's mandate explicitly acknowledges Ether as a store of value and money for the first time, while doubling down on CROPS (censorship resistance, open source, privacy, security) which differentiates it from other chains.

  • “Ether is a store of value and money that also happens to be an application. There's gonna be many many more applications, but money was is the first application for Ethereum. This to me is something I have never heard the EF say”

    Ryan·7:36

  • “the new Ethereum foundation mandate is bullish. Abandoning the antiquated concepts of companies, differentiating on performance metrics, embracing the network future, all value is downstream of sovereignty. Ethereum is competing with Bitcoin and gold, not Tempo and Solana.”

    David·10:23

  • “kudos to the EF for sticking to what matters in markets and beyond. He wrote a long tweet about this, but he's saying that Ethereum is the clear leader in all the activities, all the crops activities, censorship resistance, transfer transparency, and security, and that's really what makes blockchain and crypto special.”

    Ryan·11:23

  • “I loved the ETH as a story value asset thing. I'm so glad that they put that at the very beginning. That to me already cancels out everything else.”

    Ryan·46:56

  • “I did really like the crops thing. Mhmm. Because in particular, in order to have a store value asset like Ether, you need crops. That's the thing. That's the thing that Bitcoin is supposed to deliver, and that's the thing that Ethereum can even deliver more further.”

    Ryan·47:07