đš Worldâs Largest Bank Calls Bitcoin 'Gold' & Ethereum âDigital Oilâ đš
đ€© The worldâs largest bank, the Industrial and Commercial Bank of China (ICBC), recently called #Ethereum a âdigital oilâ. It acclaimed the growth and advancement of Bitcoin and Ethereum over the years.
đ It compared #Bitcoin to gold, and Ethereum as digital oil stating its crucial role in serving as a strong support to numerous Web3.0 innovations, including the launch of stablecoins.
$ETH allows developers to deploy complex smart contracts and decentralized applications. ICBC believes strongly that this has made Ethereum the mainstay in NFTs and Defi.Â