Ethereum is retreading the old path of the internet and Linux: when everyone refuses to submit to another’s infrastructure, the only choice is a neutral layer that no one controls.
https://www.odaily.news/th/post/5211480
Publish Date: 2026-06-22 01:31:00
Source Domain: www.odaily.news
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Original Author: Etherealize
Original Compilation: TechFlow
Overview: Stripe wants everyone to use Tempo, JPMorgan wants to push its own chain, and Circle wants to launch Arc — giants will never build on each other’s turf. This is Ethereum’s opportunity: when everyone refuses to bow to a single company’s infrastructure, the only option is a neutral layer that nobody controls.
Ethereum is replaying the history of the Internet and Linux.
“Stripe wants everything to happen on Tempo, but JPMorgan wants everything to happen on the JPMorgan chain, and Circle wants everything to happen on Arc, so on and so forth. They will never agree. The big players will never agree to build on another big player’s infrastructure. That’s why Ethereum is the only option. It is the only way forward — as neutral infrastructure that everyone can accept.”
In 1995, most of the tech elite were convinced the Internet would lose to proprietary corporate networks. They were wrong, and those criticizing Ethereum today are likely to err for similar reasons. The most famous example is Bill Gates, who predicted in his book *The Road Ahead* that the future of digital commerce would not run on the open Internet, but on proprietary networks owned by companies like Microsoft and Oracle. This was the consensus. As a16z co-founder Ben Horowitz wrote, “Almost nobody thought the Internet would have a major impact outside the scientific community — least of all the most important tech industry leaders who were busy building proprietary alternatives.” Linux experienced the same thing. Throughout the late 1990s, Sun Microsystems dominated the high-end Unix server market, but by the early 2000s, it lost most of that business to open-source Linux running on cheap, general-purpose hardware.
The same pattern is unfolding today in financial infrastructure….
