Part 10/13:
Tom compares the current epoch to 1971, when the U.S. abandoned the gold standard. Many believed gold was the dominant asset, but in reality, Wall Street constructed a synthetic financial system, anchored by the dollar, that became its true engine of value. Similarly, today, Ethereum is at the cusp of enabling a synthetic and tokenized financial infrastructure—covering dollars, equities, and even intellectual property.
The implication is clear: just as institutions built around the dollar after 1971 transformed global finance, blockchain-based tokenization will anchor a new synthetic, programmable financial system—one that Ethereum is leading.