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Ethereum DATs are the next Berkshire Hathaway: Consensys founder

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 32 Views

Ethereum co-founder Joseph Lubin said ETH-based digital asset treasuries will become a “Berkshire Hathaway-style” vehicle for the decentralized economy.

Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin says Ethereum treasury companies can provide outsized returns on yield and investment opportunities to their Bitcoin counterparts.


Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury movement popularized by Saylor’s Strategy Bitcoin play.


“I’d much rather have something that potentially has more impact. It certainly is as solid as Bitcoin, and I would argue more solid because of the functionality and the organic demand for it to pay for transactions and storage,” Lubin said.

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