Haseeb, managing partner of Dragonfly, responded in a post that the "blockchain moat rating of 3/10" is ridiculous, and even Santi has never believed that blockchain "does not have a moat".
Haseeb pointed out that Ethereum has maintained its dominance for 10 consecutive years, during which hundreds of competitors have raised more than 10 billion dollars to try to seize the market. However, after all the challengers throughout the ten-year cycle, Ethereum has remained at the top of the industry, which in itself shows that it has a strong moat.
Haseeb said that if such an achievement cannot be called a moat, then the concept of a moat may not be possible.
Dragonfly Partner: Ethereum has a strong moat, and the claim that "blockchain has no moat" is ridiculous
2025-12-11 01:02:29
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