Ethereum Unicom Joseph Lubin: ETH may rise 100 times in the future, Wall Street needs to understand the rules of the game

PANews reported on August 30 that Ethereum co-founder Joseph Lubin posted on the X platform that he fully agreed with the view of Tom Lee, chairman of Bitmine, that Wall Street will pledge ETH because they currently pay infrastructure fees, and Ethereum will replace the many isolated stacks they operate. For example, JPMorgan Chase may operate multiple isolated stacks from all banks it has acquired and absorbed over the years. They need to fully understand the rules of the Ethereum game because this game will be called... Finance. Wall Street needs to become a traditional financial company operating on a decentralized track, which means pledging, running validators, operating L2/L3, etc., participating in DeFi and writing smart contract software for protocols, processes and financial tools, etc. This will be a relatively easy transition for JPMorgan, as they have been exploring and using Ethereum technology to build their private blockchain network since 2014-2015, and many other financial institutions also have extensive Ethereum experience. The price of ETH may rise 100 times in the future, or even more, and Ethereum/ETH will disrupt the monetary basis of Bitcoin/BTC.