{"id":25155,"date":"2026-11-11T09:00:11","date_gmt":"2026-11-11T09:00:11","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/11\/11\/ethereums-joseph-lubin-explains-why-eth-could-rival-bitcoin-and-gold\/"},"modified":"2026-11-11T09:00:11","modified_gmt":"2026-11-11T09:00:11","slug":"ethereums-joseph-lubin-explains-why-eth-could-rival-bitcoin-and-gold","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/11\/11\/ethereums-joseph-lubin-explains-why-eth-could-rival-bitcoin-and-gold\/","title":{"rendered":"Ethereum&#8217;s Joseph Lubin explains why ETH could rival Bitcoin and gold"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.crypto.news\/2026\/07\/Ethereum1.webp\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">Ethereum co-founder Joseph Lubin has argued that ETH could become an important store of value during a period of rising inflation and economic uncertainty, predicting that the cryptocurrency will gain more uses as financial services move onto blockchain networks.<\/p>\n<div id=\"cn-block-summary-block_a8c1b7b94f0b83bb6e3f3e468d6b386e\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum co-founder Joseph Lubin says ETH could become an important store of value during economic instability.<\/li>\n<li>Lubin argues that Ethereum offers financial applications and programmable transactions beyond the features of Bitcoin and gold.<\/li>\n<li>Vitalik Buterin has called for ETH\u2019s long-term value to depend less on transaction fee burning.<\/li>\n<li>Lubin predicts quantum-safe ETH by 2028, while Ethereum\u2019s published network roadmap targets December 2029.<\/li>\n<li>Ethereum traded near $2,050 on November 11, down approximately 3% over the previous 24 hours.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In a Wednesday post on X, Lubin <a href=\"https:\/\/x.com\/ethereumJoseph\/status\/2120403128692494369\" target=\"_blank\">warned<\/a> that national currencies and other assets could lose purchasing power during economic and social instability. He compared Ethereum with Bitcoin and gold, arguing that ETH offers additional features through decentralized finance, stablecoins and smart contracts.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are almost certainly heading into a period of high inflation and extreme economic and social volatility,\u201d he wrote.<\/p>\n<\/blockquote>\n<p>At the same time, the comments follow recent remarks from Ethereum co-founder Vitalik Buterin, who has called for ETH to be viewed primarily as a store of value instead of an asset whose worth depends on transaction fees being burned.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Joseph Lubin explains why Ethereum could rival Bitcoin and gold<\/strong><\/h2>\n<p>Lubin\u2019s argument centers on Ethereum\u2019s ability to function as money while supporting financial applications that operate without traditional intermediaries.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cGold and BTC are high-powered money and excellent stores of value. ETH goes further,\u201d he stated.<\/p>\n<\/blockquote>\n<p>The Consensys CEO identified Ethereum\u2019s resistance to censorship, its use as collateral and its programmable transactions among the characteristics supporting his position.<\/p>\n<p>Like Bitcoin, ETH does not represent a debt obligation issued by a government or financial institution. However, Ethereum supports smart contracts that allow developers to build applications for lending, borrowing, trading and payments.<\/p>\n<p>Lubin described Ethereum\u2019s base network as capable of processing financial agreements involving both small payments and transactions worth billions of dollars.<\/p>\n<p>He argued that its decentralized structure could help protect users from financial restrictions imposed by governments or other centralized authorities.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Why ETH is the store of value for what&#8217;s coming<\/p>\n<p>We are almost certainly heading into a period of high inflation and extreme economic and social volatility. As inflation and risk erode the purchasing power of nation-state money and many other assets, it will matter more than ever\u2026 <a href=\"https:\/\/t.co\/MXuapK9kPI\">https:\/\/t.co\/MXuapK9kPI<\/a><\/p>\n<p>\u2014 Joseph Lubin (@ethereumJoseph) <a href=\"https:\/\/x.com\/ethereumJoseph\/status\/2120403128692494369?ref_src=twsrc%5Etfw\">November 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>His post further addressed Ethereum\u2019s monetary supply, describing ETH as disinflationary and capable of becoming deflationary during periods of heavy network activity.<\/p>\n<p>Ethereum\u2019s EIP-1559 mechanism destroys a portion of transaction fees, although the amount burned varies with network usage and does not always exceed new token issuance.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Vitalik Buterin backs ETH as a store of value over fee burning<\/strong><\/h2>\n<p>Lubin\u2019s comments arrive days after Buterin questioned the argument that Ethereum\u2019s long-term valuation should depend heavily on reducing token supply through transaction fee burns.<\/p>\n<p>On November 8, Buterin said Ethereum should concentrate on decentralization, security and resistance to external control.<\/p>\n<p class=\"is-style-default\">As crypto.news <a href=\"https:\/\/crypto.news\/vitalik-buterin-ethereum-eth-store-of-value-fee-burn\/\" target=\"_blank\">previously reported<\/a>, Buterin argued that efforts to maximize fee burning could conflict with Ethereum\u2019s ability to provide affordable and decentralized services.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cETH as store of value (SoV)\u201d makes more sense than focusing on ETH as a fee-burning token, he wrote.<\/p>\n<\/blockquote>\n<p>Buterin maintained that Ethereum should retain EIP-1559 even if the network continues burning fewer tokens than it issues.<\/p>\n<p>He explained that Ethereum\u2019s monetary value should come from its usefulness as an asset held within a secure, decentralized financial system.<\/p>\n<p>Lubin took a similar position while emphasizing the potential demand for ETH as collateral in lending markets and other financial applications.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Lubin predicts quantum-safe Ethereum by 2028<\/strong><\/h2>\n<p>Among Lubin\u2019s longer-term predictions was a timeline for making Ethereum more resistant to future security threats involving quantum computing and artificial intelligence.<\/p>\n<p>\u201cBy the end of 2027, or partway through 2028 at the latest, ETH will be quantum-safe and AI-safe money,\u201d he wrote.<\/p>\n<p>Ethereum developers have been working on cryptographic upgrades intended to protect wallets, transactions and network consensus from increasingly powerful computers.<\/p>\n<p>The <a href=\"https:\/\/crypto.news\/ethereum-targets-quantum-resistant-l1-by-2029\/\" target=\"_blank\">Ethereum Foundation\u2019s published roadmap<\/a> targets quantum resistance across the execution, consensus and data layers by December 2029.<\/p>\n<p>Those plans include replacing cryptographic systems that could become vulnerable to sufficiently powerful quantum computers.<\/p>\n<p>The Foundation\u2019s September roadmap identifies post-quantum signatures and other security improvements as ongoing research and development priorities.<\/p>\n<p>Lubin\u2019s earlier timeline is his own prediction, while the Foundation\u2019s published target covers the network\u2019s three main protocol layers.<\/p>\n<p>His post further predicted that artificial intelligence (AI) would accelerate economic growth and create demand for blockchain-based financial agreements involving people and automated systems.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Ethereum price trades near $2,050 despite Lubin\u2019s long-term outlook<\/strong><\/h2>\n<p>Ethereum was trading around $2,050 on November 11, down approximately 3% over 24 hours, according to <a href=\"https:\/\/crypto.news\/price\/ethereum\/\" target=\"_blank\">crypto.news market data<\/a>.<\/p>\n<p>The cryptocurrency had traded between approximately $2,000 and $2,100 during the period, with daily trading volume reaching $14.22 billion.<\/p>\n<p>Selling pressure has continued despite institutional purchases, with <a href=\"https:\/\/crypto.news\/is-ethereum-price-at-risk-as-foundation-linked-wallet-sells-more-eth\/\" target=\"_blank\">Ethereum-linked wallet activity<\/a> showing transactions involving large holders during the recent decline.<\/p>\n<p>Lubin\u2019s comments focused on Ethereum\u2019s longer-term adoption, particularly its potential role in financial markets and the use of stablecoins.<\/p>\n<p>He said Ethereum hosts substantial stablecoin activity and expects companies and governments to increasingly use blockchain networks for financial transactions.<\/p>\n<p>However, competition remains active. During the third quarter, <a href=\"https:\/\/crypto.news\/tron-q3-2026-usdt-ethereum-stablecoin-supply\/\" target=\"_blank\">TRON overtook Ethereum<\/a> in average USDT supply, holding $90.75 billion against Ethereum\u2019s $87.73 billion, according to Token Terminal.<\/p>\n<p>Lubin expects Ethereum\u2019s base network and layer-2 systems to support more financial activity as businesses adopt blockchain applications.<\/p>\n<p>He predicted that ETH\u2019s monetary premium would continue growing as individuals, corporations and governments hold the asset for transactions and financial agreements.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/joseph-lubin-ethereum-eth-store-of-value-bitcoin\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Joseph Lubin has argued that ETH could become an important store of value during a period of rising inflation and economic uncertainty, predicting that the cryptocurrency will gain more uses as financial services move onto blockchain networks. Summary Ethereum co-founder Joseph Lubin says ETH could become an important store of value during economic [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-25155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=25155"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/24115"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=25155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=25155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=25155"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=25155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}