Jerry Banfield has been cranking ICP videos for almost a year and it certainly caught a lot of our attentions. I give my thoughts on what he says about Ethereum and Bitcoin. Now that there are ETF products for Bitcoin and Ethereum I do think there is the risk that they sell more BTC and ETH than they actually have and the mining and staking of both those assets have become very centralized and industrialized. Personally I think a good chunk of the opportunity with those is partially gone but you can always have those assets and use them as a pillar asset and then borrow against them to buy other assets. Personally I think DOGE is next up because it hasn't been taken down by Wall Street and it is on every exchange and can be levered against on the Binance Smart Chain. In the top 10 DOGE is the only one that hasn't been taken over by Wall Street and isn't an alleged security.

ICP is the real deal technologically and Jerry says he will quit crypto if ICP doesn't work out. I think that is kind of ridiculous to say and the only way I'm quitting crypto is if a Mars sized asteroid hits the Earth and cracks us in half.

ICP is very compelling but one thing that might subconsciously hold people back from investing very deeply into it is the premise to extract value from it you have to lock up coins for extended amounts of time. A lot of people have locked up for 8 years to earn close to 15% return on that base asset of ICP. I guess it all balances out to about 4% inflation or so across what everyone is doing and you need some inflation to continue to perpetuate itself and fund development and securing the network.

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