Bullish long-term on $ETH price. All of the ESG zombies now have someplace to park their cash and be compliant with their overlords.
Bearish short-term on $ETH price. The selloff from speculators paying back ether loans and selling/bridging PoW ETH is going to be insane. Couple that with the bottom falling out of securities, and you have a perfect storm.
Bullish long-term functionality. Now that ETH has kissed the ring of regulators, sycophant devs and institutions will build more on ETH.
Bearish short-term functionality. Something's going to fuck up. 😂
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