> but the ETH platform is a huge force multiplier in terms of decentralized scaling engineering that you don't have to do Well, we will see about that. To date

> but the ETH platform is a huge force multiplier in terms of decentralized scaling engineering that you don't have to do Well, we will see about that. To date, eth has been a security nightmare, and most of the experts in the Bitcoin system do not think eth has any chance of achieving decentralized scalability. That's all fairly tangent though. What venture capital investor would grant a $1B valuation to a company with a team of 10 with no product, with a well funded competitor that has better tech (by my appraisal) and a larger general userbase, and itself only a valuation of $140M? Ethereum itself is only worth $8B. Seems like a stretch to me to suggest that Gnosis is worth 1/8th of that, and in fact if you assume that the average speculator is not considering dilution, you end up at a much more reasonable valuation of $50M or so. I mostly disagree with every valuation that the market has currently ascribed to any token with massive inflation or massive dev-ownership.