In discussions about the future of Ethereum, Joseph Lubin highlighted key aspects that may affect the value of this cryptocurrency.
Ethereum as 'Digital Oil'
Joseph Lubin, co-founder of Ethereum, described the significance of Ethereum as 'digital oil', emphasizing that its role transcends a mere digital currency, with capabilities to support the redistribution of the global economy.
Role of Ethereum in Decentralized Applications
Lubin pointed out two key reasons for Ethereum's increasing value: its function as the 'world computer' that powers decentralized applications and services, and the concept of the 'trust commodity', based on the network's deep decentralization.
Future Value of Ethereum
He also noted that, despite the optimism of his theories, they may still be underestimated. Lubin suggested that Ethereum could underpin value flows exceeding the current global GDP.
Lubin's views are generating significant interest in the crypto community, as they may suggest potential long-term benefits from investing in Ethereum.
