Influential crypto analyst, Willy Woo, recently questioned the potential of Layer 1 (L1) networks like Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Radix (XRD) to become hard money. Can L1 Tokens Become Hard Money? The analyst took to X, formerly Twitter, on Thursday, to express his skepticism about the ability of L1 networks to create a situation where their tokens become hard money. He compared these networks to computing environments that historically fall in and out of favor as the needs of applications evolve. Bitcoin’s ‘Script’ Less Language More Protocol Woo noted that though he us…
