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✍️  The article discusses the debate between Tom Lee and Andrew Kang on the long-term valuation of Ethereum (ETH), with Kang criticizing Lee's thesis and arguing that ETH's valuation is based on financial illiteracy and macro liquidity rather than fundamentals.
👉 Ethereum's long-term valuation is facing criticism from Andrew Kang
👉 Kang argues that stablecoin and real-world asset adoption will not directly translate into meaningful revenue for Ethereum
👉 Lee's characterization of ETH as digital oil is disputed
👉 Institutions have not publicly announced plans to purchase ETH for their balance sheets
👉 ETH's chart tells a different story than Lee suggests, with a possibility of a prolonged $1,000–$4,800 trading corridor

#TomLee #AndrewKang #ArthurHayes #PeterBrandt #technology
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