Today, Bitcoin advocates see the software as an alternative money system offering users the ability to exit their government economy and claim sovereignty over their financial assets. Investors in BTC, likewise, view it as an alternative to hard assets with a finite supply like gold, silver and other commodities.
Today, the Ethereum blockchain is used to power applications that do everything from automate financial services (such as lending and borrowing) to enable blockchain versions of traditional currencies (like USD-C and Paxos Standard). As these crypto assets run on Ethereum, they need to buy and spend ether to use Ethereum’s computing network, creating demand for the asset. This has given rise to the idea that ether is akin to a digital oil, a finite resource that must be used to generate economic activity.
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