CryptoDaily Briefs

Daily Brief Crypto: What Is ETH Worth? and more

In today’s briefing:

  • What Is ETH Worth?


What Is ETH Worth?

By Etherbridge

  • There is no textbook on this stuff, you won’t find the answer in Ben Graham’s Securities Analysis or Frank Fabozzi’s Fixed Income Handbook. ETH is a truly novel asset.
  • It is the native money of the Ethereum network, and it is unique because it possesses qualities of both a commodity and a capital asset, something I am yet to identify elsewhere.
  • As a commodity, ETH is consumed every time a transaction is processed, a loan is issued, or an exchange is settled. 

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