#50 - The Bull Case for Ethereum in 2026 - Clouted

Clouted is the founder of ETH Strategy, an onchain digital asset treasury for Ethereum (ETH). It is a protocol for "generational unliquidatable giga long ETH exposure" and currently holds $21 million in ETH in it's treasury. In this episode, Clouted and I discuss the failings of Ethereum to successfully capture value and reward the developers on its network with price appreciation to the native ETH token. Additionally, we go into depth on why Hyperliquid has been so successful in solving specialized financial problems where Ethereum could not, why Ethereum is fundamentally about sovereignty, security, and programability and why those features make it inherently valuable on a long-term time horizon. Clouted is one of the original visionaries who believes in the cypherpunk roots of cryptography, cryptocurrency, and permissionless digital assets. In a world of ever-increasing surveillance, control, and censorship, Clouted believes that Ethereum is one of the best technologies for safeguarding one's personal, financial & economic freedom.