The unprecedented aspect is a major crypto leader completely abandoning Bitcoin for Ethereum, combined with new regulatory framework (GENIUS Act) specifically designed for stablecoins. This marks the first time a comprehensive legal structure aligns with a dominant digital platform (Ethereum's 50%+ stablecoin share) to enable programmable money at institutional scale.
Ethereum Chief: Digital Money System Rivals Traditional Banking
📰 What Happened
Andrew Keys, co-founder of Ether Machine, publicly rejected Bitcoin while promoting Ethereum as the future of finance in a July 21, 2025 CNBC interview. Keys, owning zero Bitcoin, endorsed the newly passed GENIUS Act (July 18) as transformative for stablecoins, noting that Ethereum already hosts over 50% of stablecoin transactions. He compared Ethereum's market position to Google's 90% search dominance, predicting institutional adoption for settlements and tokenization.
📖 Prophetic Significance
The convergence of the GENIUS Act with Ethereum's programmable money system presents a concerning pattern of centralized financial control. Keys' comparison to Google's 90% dominance reveals how a single platform could monopolize digital transactions. This aligns with warnings about false economic systems in Revelation 18:23, where 'merchants' become the great ones of the earth. The push for institutional adoption of stablecoins on Ethereum's network creates a framework for a unified digital currency system that could facilitate the prophesied economic control described in Revelation 13.