[metastart]

Ethereum has a value equal to roughly GM, Ford and Toyota combined. Probably as much as AWS despite the fact that no large company I know of runs their company on Ethereum. The largest things on Ethereum are things like Uniswap which facilities speculation on Ethereum...hehe. What happens to the world if Ethereum disappears? I don't think it misses much of a beat. Ethereum does have "tons of uses and potential"...but it's still just that, and it could be displaced.

[elevenoh]

>speculation on Ethereum

Speculation on Ethereum is becoming.. well speculation in general. You can speculate on near-anything at this point (commodities, synthetic stocks, crypto, nfts, prediction market outcomes etc.)

[trophycase]

No company runs on ETH... lol. I'm sure the private VCs invested in thousands of projects (like Uniswap, Maker, etc.) feel exactly the same way.

[istinetz]

Is he wrong? Name one company that runs on ETH then.

[CryptoPunk]

The European Investment Bank issued €100 million worth of bonds on Ethereum:

https://www.theblockcrypto.com/linked/103016/european-invest...

[TimJRobinson]

Uniswap, Maker, Balancer, Compound, ZapperFi, Aave, Curve, SushiSwap, Yearn, Synthetix, Alchemix, Armor, Nexus Mutual, Ribbon Finance, DYDX, Hegic + over 100 more.

You can see a full list at https://defillama.com/