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Tom Lee believes that Ethereum will be the "biggest macro trade for the next decade". He sees Ethereum as a practical solution for storing information, tokenizing businesses and assets, and enabling the use of stablecoins, which are now being adopted by institutions. Lee notes that Ethereum is the first destination for most stablecoin production and that major banks are likely to use Ethereum as their preferred blockchain. He compares Ethereum's current moment to Bitcoin's supposed "ChatGPT moment" in 2017, which marked a turning point in Bitcoin's adoption. While Ethereum's impact may not be immediate, Lee sees it as a crucial component of the future economy, where digitization will drive economic output. [link] [comments] |
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