Ethereum DATs are the next Berkshire Hathaway: Consensys founder

Ethereum co-founder Joseph Lubin believes ETH-based digital asset treasuries will become a “Berkshire Hathaway-style” vehicle for the decentralized economy.

Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin believes Ethereum treasury companies could provide outsized returns on yield and investment opportunities to their Bitcoin counterparts.

Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury movement popularized by Saylor’s Strategy Bitcoin play.

“I’d much rather have something that potentially has more impact. It certainly is as solid as Bitcoin, and I would argue more solid because of the functionality and the organic demand for it to pay for transactions and storage,” Lubin said.

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