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In this video tutorial, the speaker discusses recent news about Coinbase launching a layer 2 solution, emphasizing that this development, while perceived as bullish for the industry, may actually be bearish for Ethereum. The speaker encourages viewers to listen carefully, suggesting that the implications are not as straightforward as they might seem. They highlight the importance of increasing the "size of the funnel" in the crypto space, noting that Coinbase has 100 million users, although 90 million of them have left due to declining prices. The emphasis is placed on the need for price increases to retain user interest in crypto.