“TradFi buyers could not reply as enthusiastically to ETH’s funding thesis than to BTC’s. Gold’s funding thesis as an inflation hedge is well-known, and due to this fact, it’s not a leap for TradFi buyers to wrap their heads across the concept of ‘digital gold,” Chung stated in a message to CoinDesk, referring to an August report by the agency on the subject. “Then again, ETH’s ‘world pc’ narrative is rather more troublesome for non-technicals to know.
