What Is ETH? Defining Ethereum’s Scarce Asset

Key Takeaways

  • While the Ethereum network is known for the crucial role it plays in the cryptocurrency ecosystem, ETH the asset is harder to define.
  • ETH has previously been described as a “triple-point asset” and “ultra sound money” in Ethereum circles due to its utility and scarcity.
  • Former BitMEX CEO Arthur Hayes argues that ETH will be valued like a bond when Ethereum completes the Merge to Proof-of-Stake.

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