ETH is digital oil?
NO, NO and NO.
ETH is the security asset that gives you access to onchain finance, DeFi, stables, bonds, gold, BTC, RWAs, EVERYTHING that holds value chooses ETH.
ETH is a reserve of value because it secures every product built onchain.
Stop calling ETH digital oil, that’s nonsense.
ETH makes EVERYTHING possible onchain.
I’m tired of people saying BTC is more decentralized than ETH.
It’s just WRONG.
2 BTC mining pools (Foundry & Antpool) control ~55-60% of all hashrate.
If someone bought or merged them, even at a generous combined valuation of $30-40B they’d control Bitcoin’s majority power.
In ETH, buying 50% of stake would cost hundreds of billions and send ETH’s price parabolic before you even got close.
ETH is more decentralized than BTC. Period.
Act accordingly.