Jeff Garzik, co-founder of Hemi Network and an early Bitcoin developer, expresses a strong belief in Ethereum's potential, citing its widespread adoption and the utility of the Ethereum Virtual Machine (EVM). Despite a challenging period earlier in the year where ETH's price dropped to $1,410, Ethereum has recently surged past $3,800, marking a 60% increase over the past month. Garzik dismisses concerns over competition from rival blockchains, emphasizing the foundational role Ethereum plays in the crypto ecosystem. He highlights the growth in institutional investments and the expansion of Ethereum treasury companies as signs of a positive future. Ultimately, Garzik views Ethereum and Bitcoin as key players for the next several decades, focusing on long-term technological advancements rather than short-term price fluctuations.

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