
RYAN SΞAN ADAMS - rsa.eth 🦄|Jul 03, 2025 13:47
The triple point asset thesis for ETH was always right.
1. Capital asset - ethereum generates real yield for ETH stakers through an economy of apps and chains
2. Commodity asset - ethereum blockspace is a valuable global input resource, digital oil
3. Store of value asset - eth is an uncensorable and debasement resistant store of value, like gold - like bitcoin, but programmable and backed by an economy
All are important - the most valuable is 3.
ETH = world reserve asset
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