@radiantdreamer
Ethereum is gaining strong conviction from Joseph Chalom, the former head of crypto at BlackRock. Chalom says Ethereum (ETH) is not only undervalued today but has the potential to become what he describes as “high-octane money” in the financial system of the future.
He argues Ethereum is different from Bitcoin because of its programmability. While Bitcoin is often seen as a store of value, Ethereum powers applications, decentralized finance, and tokenized real-world assets. “Institutions should think of ETH not just as an asset but as the strongest collateral to hold on a balance sheet,” he said in an interview with Bankless.