ETH, The World’s Most Valuable Asset

Andrew Bakst
22 min readJul 21, 2021

The link for the PDF version can be found here, which is much easier to read: https://www.docdroid.net/ketTVJv/bizantine-eth-the-world-s-most-valuable-asset-pdf

Competition paints the world around us, at every level, from who can get to Mars first to who sold the most dental insurance last month. Ironically, the best way to win in a hyper-competitive world is to own a monopoly, to avoid any competition at all. How do you make a monopoly? The first step is to offer a product that is significantly better than the status quo. To create something that people love. The…

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