Uniswap Founder Responds to Bankless Co-Founder Liquidating ETH: "ETH is Money" is the Correct Narrative

Odaily Planet Daily News: In response to Bankless co-founder David Hoffman liquidating all his ETH holdings, Uniswap founder Hayden Adams posted on X platform, stating that the narrative "ETH is Money" is the correct one, just different from most people's understanding.

Hayden Adams said that in the future, all assets will be tokenized, people will hold the assets they value most, and the most decentralized monetary system will manifest as "an infinite number of forms of money competing with each other."

He believes that with a low-cost, high-efficiency, 24/7 asset exchange system, there is no need for a single unit of account. At the same time, he stated that Ethereum-based Uniswap is "the best decentralized monetary system," and it is still in its early stages.

Recommended reading: Bankless Co-Founder's Confession on Liquidating ETH: Ethereum Did the Right Thing, but "ETH as Money" Has No Future.