Andrew Keys and David Merin join us to unveil the Ether Machine—a bold new strategy to make ETH the internet’s reserve currency. We unpack their ambitious plan to acquire and actively manage hundreds of thousands of ETH, why they believe ETH is more than just a treasury asset, and how institutional capital can finally understand and tap into Ethereum’s full potential. From staking and restaking to DeFi yield generation and Wall Street education, this episode explores why Ether is not just digital oil—it’s the engine of the next internet.------📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium------BANKLESS SPONSOR TOOLS:🪙FRAX | SELF SUFFICIENT DeFihttps://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAINhttps://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORKhttps://bankless.cc/Mantle 🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGEhttps://bankless.cc/binance🦎COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATAhttps://bankless.cc/coingecko------TIMESTAMPS0:00 Intro1:32 How Much Ether?4:57 Other ETH Treasuries9:41 Ether Machine12:46 ETH vs BTC17:27 Ether Machine DeFi Strategy21:14 Explaining ETH to Wall Street26:01 How Big is ETH?28:14 ETH ETFs vs Ether Machine37:13 Andrew’s Journey40:54 Gensler’s SEC Era43:30 Michael Saylor of ETH?49:29 Decentralization Worries52:09 ETH’s Narrative Problem56:47 The Institutional Cycle1:00:41 Closing------RESOURCESThe Ether Machinehttps://x.com/TheEtherMachine https://ethermachine.com/ Andrew Keyshttps://x.com/ak_ethermachine David Merinhttps://x.com/dfmerin ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠