10min chapter

Bankless cover image

Fidelity's Bull Case For Ethereum

Bankless

CHAPTER

Understanding Ethereum vs. Ether: Value Dynamics

This chapter clarifies the distinction between Ethereum as a network and Ether as an asset, drawing comparisons to traditional finance. It explores 'tokenomics' and the alignment of incentives for Ether holders, while delving into the roles of Ethereum as both money and productive capital. The discussion addresses the challenges Ethereum faces as a store of value and its evolving nature as a medium of exchange, contrasting it with Bitcoin's fixed supply model.

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