‘Ethereum Killer’ Admits Defeat

The greatest risk/reward opportunity [Altucher Confidential] August 01, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Why Ethereum represents one of the greatest opportunities to capitalize on DeFi. [Hero_Image] ‘Ethereum Killer’ Admits Defeat Shocking U.S. Map Exposes $1.2T Opportunity [James Altucher]( Exactly 2,935 miles away from Wall Street lies [the biggest profit opportunity]( of your lifetime. A little-known opportunity which is creating an average of $32.8 BILLION in new wealth EVERY SINGLE DAY… That’s $1.2 trillion per year… And if you act fast, you have the chance to get in on the action starting right away. Hurry, though – this video will be removed from the internet on Friday at 4PM. [Click here now for details](. [Chris Campbell] CHRIS CAMPBELL Dear Reader, Beginning in 2020, a new buzzword began to take hold of the cryptosphere: The Ethereum Killer. A frenzy of marketing by crypto projects -- mostly scams -- commenced. They were all faster, stronger, smarter, better. Cheaper fees. Faster transactions. The hype had become impossible to comprehend. It got to the point where VCs wouldn’t have batted an eye at ads claiming to 'Blockchainify' your breakfast, 'decentralize' your dog walks, and 'tokenize' your chores. Fast-forward to now: The Ethereum Killers are either dead or kissing the ring. In fact, just last week: Celo, once an Ethereum Killer, is now planning its walk of shame to Ethereum. Meaning? Celo will now help King Ethereum scale. Other meaning? If you can’t beat ‘em, join ‘em. Ethereum’s (Belated) Birthday Ethereum was launched on July 30, 2015. Eight years (and two days) later, Ethereum is now a cornerstone of the decentralized finance (DeFi) ecosystem, powering a wide range of applications from NFT marketplaces to complex financial instruments. The journey to decentralization hasn't been a cakewalk. It's undeniably more challenging than the path of centralization. But few would argue that 'easy' always means 'better'? That is, unless you have a soft spot for the ruthless precision of a dictatorship, rather than the wild unpredictability of a democratic republic. (“Indeed,” said Churchill, “it has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time.”) But soon enough, Ethereum will be sufficiently cheap to reach mass-adoption and power whatever you throw at it. Whether we’re talking supply chain tracking, decentralized voting for reality TV shows, crowdsourced weather prediction markets, or decentralized farming. (Half-kidding.) In a moment, James will explain why Ethereum’s such a big deal… And why it’s a great opportunity to capitalize on the coming DeFi boom. Before we get to James, though, we’ve got a quick announcement for you… James’ Most Explosive Speech Ever On Tuesday, October 3rd, James will be giving an important presentation at the elite Paradigm Shift Summit in Vegas. Access to this event is by invitation only – consider this your invitation. [Click here now to check it out.]( BUT… I admit. There’s a catch. We only have 500 seats – and more than 25% of them are already gone. If you want to meet the Paradigm crew in person, all the details are [right here at this link](. Read on. Attention ! Before You Read Any Further… [James Altucher]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( Once you’re done with that, read on to see today’s issue… Ethereum’s Big Opportunity James Altucher The endurance of cryptocurrency markets is nothing short of amazing. Despite experiencing numerous setbacks over the years, crypto continues to defy expectations. As we ring in Ethereum’s eighth anniversary this week, I’m amazed by how much the blockchain has overcome. Things could have turned out very differently. In the early days after its launch, a hack of one of the most popular smart contracts on the blockchain - called ‘the DAO’ - could’ve resulted in the end of the Ethereum experiment. Through smart engineering and strong leadership, the Ethereum team was able to make victims of the DAO whole and live on to see another day. Ethereum would go on to see other obstacles throughout the years. The collapse of FTX last year really could’ve put a nail in the coffin for cryptocurrency markets and Ethereum. Although new competitors are popping up all the time trying to replace Ethereum to become the largest blockchain for DeFi, the eight-year-old blockchain continues to maintain its dominant position. One of the most important reasons for this: security. Although there have been many hacks of smart contracts over the past 8 years, Ethereum itself has not been hacked. This track record has helped establish Ethereum as one of the most consistently reliable blockchains for DeFi. It’s going to be difficult for competitors to beat Ethereum in this regard. As each day passes without incident on the Ethereum blockchain, the platform's track record for security grows stronger. Apart from Bitcoin, there is no blockchain that has as long of a track record for security and large-scale usage. For passive investors that want to capitalize on DeFi, Ethereum is still one of the best options around. Sure, new blockchains or DeFi projects have upside potential that Ethereum can’t match. It’s possible, but unlikely, that Ethereum will 10x in the next year. Because small DeFi tokens are less established, they offer the opportunity to make very-fast, very-large returns (like increasing 10x in one year). But with that upside also comes risk. Managing that risk requires staying up to date on your DeFi investments, or trusting someone to stay up to date on those investments for you. Again, security is one of the greatest risks in DeFi. New platforms are not as well-tested/proven as Ethereum. For this reason, new platforms have a greater likelihood of being hacked, which can be seriously costly for investors. For passive investors, Ethereum represents one of the greatest risk/reward opportunities to capitalize on DeFi. As an established platform with a proven track record, it has withstood the test of time. For investors looking to profit from DeFi without having to closely monitor their portfolio (or subscribing to a crypto trading service), Ethereum represents one of the finest investment opportunities in crypto today. Until next time, [Chris Campbell] Chris Campbell For Altucher Confidential Are you worried about “Biden Bucks”? Don’t be. All you need to protect yourself and your money is this secret gold investment you see in my hands here. [Click here to learn more]( This new alternative gold currency is the perfect way for you to sidestep “Biden Bucks” while preserving your wealth at the same time. To show you how it works, I just recorded a [quick 2-minute video]( walking you through all of the details… [Just click here now for all of the details.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Altucher Confidential is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential.](