If you read my columns regularly, you know that I strongly believe that Ethereum will follow the path of many other technology ecosystems towards dominance. Ethereum is, first and foremost, a technology platform. Yes, ETH is a cryptocurrency, but its main demand driver is for use, as a payment for transaction processing. I think over time, ETH will largely be subject to the laws of supply and demand for processing power on this “world computer.”

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• Source: https://www.coindesk.com/consensus-magazine/2024/03/22/there-can-probably-be-only-one-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines