🚨 World’s Largest Bank Calls Bitcoin 'Gold' & Ethereum ‘Digital Oil’ 🚨
🤩 The world’s largest bank, the Industrial and Commercial Bank of China (ICBC), recently called #Ethereum a ‘digital oil’. It acclaimed the growth and advancement of Bitcoin and Ethereum over the years.
🚀 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.