Joseph Lubin, co -founder of Ether Leeum and CEO of consensys, delivered the most extensive evaluation papers to Ether using the X Post on June 19. Lubin praised ETH to a research note comparable to “digital oil,” and the author still insisted that Ether Lee's ultimate economic footprint was “not optimistic enough.”
“This is a very powerful work in many ways,” he said. “Perhaps everyone who reads this work will probably learn something and be stalked by a paper. But this top thinking has one major structural defect. There is a very deep structural defect. It is not optimistic enough.”
Ether Leeum can surpass the global GDP.
Rubin's debate will support Ether's “Hybrid Human-Machine Information Society”, a value-generating compound that exceeds today's $ 113.8 trillion world economy. “It's not a big leap. The value of living and flowing through Etherrium will make up a lot of Web3. The decentralized will be a greater order than today's global GDP. See how energy, chips and data centrum spending increases exponentially and promotes everything.”
He has long revived the Bitcoin-Beth Suseumeme Leom dichotomy. “BTC should be evaluated as GOLD 2.0, while ETH should be evaluated according to the size of the global economy.” He said that the frame must now be expanded to explain the AI rechargeable explosion of digital activities that will “grow greatly in distributed rails.”
Rubin devoted half of his posts on June 4th to sketch an accident experiment. “If there was a magic trust-there was a diamond product and could apply the chip of this diamond to all transactions, contracts or relationships … can you add 10 %to global GDP? 100 %? 1,000 %?
From his point of view, Ether Leeum's abnormally distributed validation test sets ethers as “trust standards of the highest grade or gold standard on the planet.” The “trust product” premium on the “digital oil” demand for transaction fees believes that Lubin can pursue the value that goes beyond the historical asset benchmarks of Lubin's entirely diluted ETH.
Reality inspection -Toy's number
At this time, the gap between aspirations and market cap still remains yawn. The float of about 120 million coins of ether is traded at $ 2,525 on June 19, giving the network a $ 337 billion market value and less than 0.3 % of the world's production. Nevertheless, even the float is decreasing. About 29% of the supply (about 29%) is submerged in the supply contract.
Rubin regards such a supply side tightening as a preview, not a peak. “Digital oil and trust product framework wrote,” All of these models will lead to a huge monetary premium for ETH. “
Whether ethers can be a “solar eclipse” that is a plausible “threshold without a single asset of thresholds” relieves public questions. But Rubin's rhetorical diamond sharpens the steak. In the future, the evaluation of ETH is to be “not optimistic enough” to evaluate ETH as the software gas can prove in the future where programmable trust is the main input of production.
ETH was traded at $ 2,523 for the prestime time.
DALL.E, major images made with charts on TradingView.com
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