“Ethereum Is a Giver, Not a Taker”: David Hoffman Explains ETH Exit

Bankless co-founder David Hoffman said he sold his Ether holdings because he believes the long-standing “ETH is money” thesis has already largely played out. Despite this, he remains strongly bullish on Ethereum as a network.

According to Hoffman, the decision did not come lightly, given that he built his career, business, community, and identity around Ethereum.