[Face-to-Face with Crypto Experts] Instant Understanding! This Is the Core Logic Behind ETH's Rise!

During the Bitcoin Asia event, we were fortunate to invite Mr. Xiao for an in-depth interview to discuss his views on BTC/ETH/DAT with all the enthusiasts.

The above is just a segment of the interview. Mr. Xiao also shared many unique insights. Interested friends can take a look here:

All You Need to Know! A Breakdown of the Investment Logic Behind the Three Hottest Crypto Themes

The Value and Appeal of Ethereum

Bitcoin and Ether are different tokens, $Bitcoin (BTC.CC)$referred to as digital gold, $Ethereum (ETH.CC)$referred to asdigital oil. The reasons behind Bitcoin's rise differ from those driving Ether's increase. If we assume Ethereum is a vast oil reserve, thenits value depends on who is consuming it post-extraction and the rate at which that consumption grows, which is the rationale behind Ether's rise.

U.S. Policy Boosts Ethereum Development

Recently, Ethereum has started to gain popularity, based on U.S. legislation and several recent public speeches by the chairman of the U.S. Securities and Exchange Commission, all of which are promoting the blockchainization of the entire U.S. financial system. This will further drive the application of blockchain, and as Ethereum is regarded as digital oil, the more it is used, the greater the consumption, leading to deflation and ultimately an increase in price.The current market value of cryptocurrency assets is only between 3 trillion to 4 trillion dollars, and it could potentially be pushed to a market value of 30 trillion to 40 trillion dollars in the future.。

The technical advantages of Ethereum support its price increase.

Since the Bitcoin blockchain was established in 2009 until before 2024, it isDigital Native的一代，比特幣等是在區塊鏈上的分佈賬本上無中生有出來的東西。從去年開始，進入到一個Digital TwinDevelopment stage, which involves turning existing things in the real world into a token, transforming them into a digital twin.

Legislation in the United States, the work reports of the U.S. President, and the initiatives of the U.S. Securities and Exchange Commission are driving the development of digital twins. The asset tokenization is not carried by Bitcoin, as no application development can be done on Bitcoin; it must be...$Ethereum (ETH.CC)$ 、 $Solana (SOL.CC)$ or other Turing-complete chains capable of deploying smart contracts, which is a driving force and reason supporting the rise in Ethereum's price.

246

957K Views