1. WHAT IS IT?
Ethereum is a network. $ETH is the currency of that network.
If $BTC is digital gold, then $ETH is the internet of money.
2. WHAT IS IT FOR?
On Bitcoin, you just send money.
On Ethereum you create things on top of it:
- Contracts that execute by themselves
- Games, NFTs, DeFi
- Practically everything else in crypto runs on top of $ETH
3. WHY DOES IT MATTER?
Without $ETH, there is no $ARB, no memecoin, nothing.
It is the fuel. Everything needs $ETH to work.
OWL SUMMARY:
$BTC = Store of value, keeps it safe.
$ETH = Technology, builds.