Why $ETH is going to $3T | Ryan Allis
CORRECTION: It's actually ETH to $4 Trillion 👀
Ryan Allis is the managing partner at Heart Rithm, and a serial entrepreneur with 20 years in technology, marketing, and business. Ryan write about Ethereum, Bitcoin, Polkadot, DeFi, Blockchain, Web3, and the future of money on his substack - Coinstack.
Today, we're evaluating ETH according to Ryan's recent DCF (discounted cash flows) model, and getting to the bottom of why ETH could be fairly valued at $10k with a market cap of $3 Trillion.
Model:
https://docs.google.com/spreadsheets/d/1_IqNzqm-_Jlk-cK4twQ-bzhJKrsOhrckdQA2isTwKRA/edit#gid=0
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Topics Covered:
0:00 Intro
6:00 Ryan Allis, ETH, Cash Flows
12:29 Making a DCF for ETH
16:34 Costs & Security
21:16 Generating Insane Revenue
31:42 The Outputs are Sexy
40:55 Monetary Premium
47:00 Buybacks & Distribution
52:14 Markets vs Education
57:02 Alt Layer 1's & L2
1:03:25 Memes vs Fundamentals
1:08:19 Closing & Disclaimers
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Resources:
Ryan on Twitter:
https://twitter.com/ryanallis?s=20
CoinStack:
https://twitter.com/coinstackcrypto?s=20
HeartRithm:
https://twitter.com/HeartRithm?s=20
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures