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Vivek from Etherealize: Why Ethereum is Digital Oil
Banklessยท 2025-06-17 17:01
Market Valuation & Analogy - The report draws an analogy between ETH and oil, positioning ETH as "digital oil" for the digital revolution [1][2] - The market value of oil is approximately $85 trillion, suggesting substantial upside potential for ETH [1] - Gold's market value is around $20 trillion, providing a comparative benchmark [1] Strategic Importance - Oil is considered a strategic asset, stockpiled nationally and used globally, highlighting its importance to economies [2] - ETH is expected to have the same level of importance as oil in the context of the digital revolution [2] - Oil was the foundation of the industrial revolution, mirroring ETH's role in the current digital revolution [2]