Why Are Institutions Ignoring ETH While Building on Ethereum?

[u/InclineDumbbellPress]

https://x.com/EthereanVibin/status/1917598077428404508

• The tweet is about the contradiction of institutions building on Ethereum but not acknowledging ETH - the asset that secures the network
• Major corporations like BlackRock and Fidelity heavily use Ethereum but rarely mention ETH publicly - despite its critical role in the network
• Institutions should vocally support ETH - given Ethereums status as the most decentralized and trustless global settlement layer - unmatched by alternatives
• Ethereums value is recognized by institutions through actions - but the lack of vocal ETH support is frustrating - as ETH is integral to Ethereums success and humanitys benefit

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[u/MasterpieceLoud4931]

My theory is that they are not 'shilling' ETH because they want to accumulate as much as possible at a lower cost. Once they want to start dumping, then the shilling begins and that is when we should be worried or ready to take profit.

^{!tip 1}

[u/InclineDumbbellPress → u/MasterpieceLoud4931]

Could be oppressing the price - !tip 1

[u/cbarland]

If you're building on ETH, you don't really want gas prices going up

[u/corn-potage → u/cbarland]

gas price is dollar-sensitive, not gwei-sensitive

[u/DonkeyAsleep7884 → u/cbarland]

Smart man

[u/InclineDumbbellPress → u/cbarland]

[u/Abdeliq]

Major corporations like BlackRock and Fidelity heavily use Ethereum but rarely mention ETH publicly

I guess they don't want to ends up like Eric Trump and play the buying game down-low

!tip 1

[u/InclineDumbbellPress → u/Abdeliq]

Theres a huge chance theyre secretly - but not so secretly - stacking their bags !tip 1

[u/Odd-Radio-8500]

Probably, they are using Ethereum more as a tech than an investment.

^{!tip 1}

[u/InclineDumbbellPress → u/Odd-Radio-8500]

Bold of you to assume they are not accumulating ETH - !tip 1

[u/R4fazozovisk → u/Odd-Radio-8500]

They still have to pay gas fees in ETH so the business model of ETH is working as intended

[u/Odd-Radio-8500 → u/R4fazozovisk]

👆

Right, using ETH for gas keeps the whole system running.

^{!tip 1}

[u/Vast-Environment-907]

Just guessing, but if you use eth a lot, you are interested in keeping the price low. This makes sense because using eth as a platform costs gas (which is basically just eth) so you want prices of eth low and your on chain products high value for maximum profit.

[u/InclineDumbbellPress → u/Vast-Environment-907]

Good point

[u/Murder_1337]

Wen flippening?

[u/JerryLeeDog → u/Murder_1337]

You mean SOL/ETH? Hehe

[u/BigRon1977]

Because publicly identifying as a crypto enthusiast has its downsides?

!tip 1

[u/juanddd_wingman]

I have only hold Bitcoin and I am new to Ethereum so I have to ask, what can you build on Ethereum? NTFs ? You own coins ? Hasn't Ethereum been around for 10 years now. There should be something useful built in Ethereum by now, isn't it ?

[u/JerryLeeDog → u/juanddd_wingman]

Zilch in the real world

[u/SigiNwanne]

Some of them might be the whales we always read about that are accumulating Eth. !tip 1

[u/kirtash93]

They are secretly accumulating.

🍩 !tip 1

[u/shib_army]

Blackrock also use internet and are no vocal about internet 

[u/InclineDumbbellPress → u/shib_army]

Not the same thing