Joseph Lubin says ETH is the future store of value asset, calling it beyond gold and BTC
Ethereum co-founder Joseph Lubin posted a long piece on X on November 11, 2026, titled “Why ETH is the store of value for what's coming.” He said the world is almost certainly heading toward a period of high inflation and extreme economic and social volatility, and the purchasing power of national currencies and other assets may be eroded, making it more important to hold assets that can preserve or increase in value.
Lubin said gold and BTC are sound money and excellent stores of value, but that “ETH goes further.” His reasons included: ETH is not debt- or credit-based money; Ethereum L1 transactions are uncensorable (applicable to simple payments and complex smart contracts such as DeFi, and guaranteed execution); low costs to hold and use; the ability to become deflationary during periods of high network activity (“ultrasound”); and its role as collateral, the main network carrying stablecoins, programmable money, and financial instruments that support transparency or privacy and are auditable.
He further said that no later than the end of 2027 or sometime in 2028, ETH will become quantum-resistant and AI-resistant money. Lubin said ETH is the base currency of an exponentially growing ecosystem, and its monetary premium will keep rising because retail, corporate, and government users will all need to hold some ETH. The current premium is still partly speculative, because although Ethereum dominates smart contract blockchains, it has not yet fully entered the mainstream.
This post reflects Lubin’s personal views and responds to and expands on recent discussions about positioning ETH as a store of value rather than merely an asset for fee burning. Related technical features and the future timeline are subject to the project’s actual progress and public roadmap.
Original source:
Title: Why ETH is the store of value for what's coming Publisher: Joseph Lubin (@ethereumJoseph) Publication date: 2026-11-11 URL: https://x.com/ethereumJoseph/status/2120403128692494369 Nature of source: personal public social media long post Verification status: full text obtained this time; consistent with media citations Supporting content: supports Lubin’s statements about expectations of high inflation, ETH’s attributes relative to gold and BTC, and the timeline for quantum/AI security
ABAB AI Insight
Lubin’s argument combines ETH’s store-of-value attributes with its utility as a programmable base currency, emphasizing that in an environment of inflation and volatility, non-sovereign assets that are resistant to censorship and cheap to hold and use are more attractive. He particularly highlights Ethereum’s role in stablecoins, collateral, and the smart contract economy, as well as its future roadmap toward quantum and AI resistance.
This view is a qualitative judgment from a founder-level perspective. Some characteristics, such as L1 uncensorability and programmatic guaranteed execution, correspond to Ethereum’s public design, but claims like “goes further,” “monetary premium will keep rising,” and “achieved no later than 2028” are forward-looking expectations that have not yet been fully confirmed by the market or independent verification. It is linked to recent community discussions about ETH’s source of value (store of value versus fee burning).
The incremental information lies in the systematic listing of ETH’s multiple attributes and the provision of a clear time window. Actual asset performance will still depend on network adoption, the macro environment, technical delivery, and market pricing, rather than any single public statement.
ABAB News · Cognitive Laws
A founder’s public statement about asset attributes is a personal framework, not the same as an already realized market consensus.
The timeline of a technical roadmap should be based on actual upgrades and public progress.
The store-of-value function and the utility function can coexist, but the size of the premium is determined by the market.