BitMine Chairman Tom Lee Declares Ethereum the World’s Only Truly Neutral Blockchain
Ethereum just got the ultimate institutional endorsement—and it's rocking crypto's establishment.
THE NEUTRALITY STANDARD
BitMine's chairman Tom Lee drops the mic on blockchain politics, calling Ethereum the only chain that operates without corporate or national allegiances. This isn't just technical praise—it's a direct challenge to chains controlled by foundations, corporations, or governments.
WHY NEUTRALITY MATTERS
True neutrality means no single entity can flip a switch and change the rules. While other chains tout decentralization, their governance structures often concentrate power among insiders. Ethereum's community-driven development creates a level playing field that even Wall Street can't manipulate—though God knows they've tried to buy their way in.
THE INSTITUTIONAL SHIFT
Lee's endorsement signals a broader institutional realization: you can't build global financial infrastructure on chains that answer to corporate boards or political agendas. It's why traditional finance keeps stumbling with their permissioned blockchain experiments—they're building fences around something that needs open skies.
Ethereum's proving that true neutrality isn't just a feature—it's the entire point of blockchain technology. The suits are finally getting it, even if they still can't resist adding compliance clauses to smart contracts.
BitMine eyeing ETH assets
Tom Lee’s comments come at a time when BitMine is heavily investing in Ethereum-based assets. As per Strategic ETH Reserve data, BitMine now owns about 2.42 million ETH, which is 2% of the total supply of Ethereum. They recently invested $365 million to buy more through a share issuance and warrants. This makes BitMine the largest company that owns ETH.
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