Editor's Note: This article comes fromOrange Book (ID: chengpishu), reprinted by Odaily with authorization.

Editor's Note: This article comes from

Orange Book (ID: chengpishu)

Orange Book (ID: chengpishu)

, reprinted by Odaily with authorization.

On the last day of last year, I chatted with Hongbo from debank on WeChat, and he said: "I predict 2021 will be the last wave of FOMO for Bitcoin."My heart skipped a beat. I have never heard of this statement, but I have a vague feeling that he is right, and even many friends have thought about this possibility before, but they did not say it.The consensus that Bitcoin is digital gold can spread to potential investors around the world in this cycle, and in the next cycle at the latest. After that, there will be no large-scale new groups entering the market, and Bitcoin will still appreciate slowly. But there will be no big four-year bull market.

In contrast, if Bitcoin’s benchmark is digital gold, what is Ethereum’s benchmark?

before we were

Schelling Point, Bitcoin, Nuclear Strategy

As mentioned in the article, the default consensus of the group is difficult to reach. It took Bitcoin ten years to basically establish a consensus on digital gold. Ethereum is only about five years old. It can be said that it is still in the midst of internal and external troubles. Internal 2.0 The road to upgrade is still long, and there are also rivals from outside. What is the image of Ethereum, which is still developing at a high speed, in everyone's minds?

I threw this question to several friends, and sure enough, everyone gave a variety of answers.

Some people talk about natural gas and oil, after all, Ethereum needs to use gas.

It is also said that real estate in global financial cities can be benchmarked. I think this benchmark is better than oil and gas. Land is the basic asset in the real world. A large amount of funds will be deposited in the core real estate in proportion, and ETH is the underlying facility. , is the core real estate of the crypto world.

Li Hua thinks that Ethereum is a brand-new global commons: it feels difficult to describe it accurately, because it is too rudimentary to define. At least it is an infrastructure that can be related to carrying, trading, issuing...ownership, use rights, creditor's rights, equity, etc.