Alex Svanevik

But different chains will play different roles, just like different operating systems, like Linux, Windows, OS X, whatever.

Yeah, I think that's accurate.

Yeah, well, you can distinguish between Ethereum, the chain,

EVM, the technology or framework or whatever, and then ETH, the asset.

So it's perfectly possible to be bullish on one or more of those, but not all.

Right, right, right.

And you could be bullish on Ethereum...

I think in theory, you could be quite bullish on Ethereum as the chain and EVM, but not ETH asset, maybe.

Of course, you know, people would get into the weeds and say, well, if people use Ethereum L1 a lot, that's going to burn a lot of ETH and, you know, all these different things.

But I don't know.

I think it's important not to conflate the different things and be hygienic in how we think about these concepts.

That's Solana, right?

No.

Is it?

Solana obviously is a global chain, but it has a really strong presence in the US.

But so does Avalanche, for example.

I met with some people in Tokyo who are building Japan Smart Chain.

And that's kind of their vision, right?

To have domestic validators of the chain.

Because I asked them, like, hey, we could be a validator for Japan Smart Chain.