David

And the main thing is we've got three pints as well.

Because if you ever, you know, if they ever decide to bring you over again, we'll let you in because of that.

No trouble.

Nice to have the dubs over.

Definitely.

In that way.

It's a pleasure.

And as I say, lovely.

Thanks.

Thanks, David.

No trouble at all.

One, I'm very bullish on Solana from the perspective of pretty much every founder I meet and consumer, that is where they just default go to build, right?

And on the other side of the spectrum, I expect to see like a very strong reversal in Ethereum sentiment.

I think we've already begun that with Genius Act, Clarity Act, improvement in REV and TVL, DAT bid, institutional bid.

I think everything is just going to go Ethereum's way this year in particular.

David, Brian, thank you for having me.

So I definitely don't want to give the idea that I absolutely do not believe alt L1s or L2s could have their day.

They absolutely can.

And definitely application specific chains can.

But if we're talking just about general purpose chains, I think in 2025, it's become abundantly clear that it's incredibly difficult for an incumbent to disrupt the network effects already achieved by Ethereum and Solana.