
Bro understood 1971 better than most people "Ethereum to me is the new Wall Street. You know, in 1971, the dollar went off the gold standard, okay? Now everyone thought that in 1971 the play was gold, but actually it was not. In 1971, the dollar became synthetic. It no longer was backed by anything, and that's when Wall Street stepped in and said, "Okay, we gotta make sure that the euro or well the German frank or whatever—German mark or the French franc—doesn't become dominant." So Wall Street built products to make sure everyone used a synthetic dollar. Wall Street was a big play in 1971. In 2025, we're making everything synthetic. We are starting with tokenizing the dollar, and then as you know, Wall Street's going to tokenize equities and everything I just listed. Massive opportunity. Ethereum." - Tom Lee
