ENS is so important (& powerful) that owning-or-not owning a "state-or-country" ENS/.eth (eg: Canada.eth, Russia.eth, Poland.eth, Germany.eth, etc) will equal = A "National Security" Threat, which Governments will retaliate (legal/war) to secure their EVM/ENS/.eth Names 🪖 Ξ ⦅⦆
I believe country names are overvalued by some ENS speculators and commentors. brazil.eth was likely sold at a fair price. - Relative to other points in history, people are increasingly disloyal to their country, with exaggerated effects at higher levels of wealth. - Country names have higher legal risk than even US trademarks. - In a world where governments do attempt to enforce trademark law via courts, it won't be courts asking for your name. It will be militaries. They will deem it a national security concern in a way that google.eth is simply not. - emphasis on point 1. Wealthy people are relatively dispassionate about their country, especially younger wealth who value digital assets. - counterhypothetical, those who ARE passionate about their country are those who tend to have little wealth. think: foreign protestors - usa.eth is an exception ENS digits do not have any of these downsides
5.11K
26
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.