Jiang Zhuoer: RWA Is Blockchain’s Biggest Social Value, Ethereum to Benefit Most
TREE NEWS reports: Jiang Zhuoer, founder of Litecoin Pool (LTC.TOP) and a prominent Chinese crypto miner, has defended his decision to hold only ETH this cycle, arguing that real-world asset (RWA) tokenization is the most important social value of blockchain and that Ethereum is best positioned to capture it. In a statement, Jiang said Bitcoin’s biggest risk is not quantum attacks but a lack of real usage demand, especially as global assets such as U.S. stocks continue to migrate on-chain.
Key Points
- Jiang believes RWA tokenization will drive the next wave of blockchain adoption.
- He sees Ethereum as the primary beneficiary due to its mature smart contract ecosystem and institutional traction.
- He warns that Bitcoin’s long-term risk is insufficient real-world utility, not technical threats like quantum computing.
Industry Analysis
Jiang’s comments come as RWA tokenization gains momentum, with major financial institutions exploring on-chain versions of money market funds, bonds, and equities. Ethereum, as the largest smart contract platform by total value locked, is a natural home for these assets. However, competition from other chains, such as Solana and permissioned institutional networks, is intensifying. Jiang’s view also highlights a growing debate: while Bitcoin is widely seen as digital gold, its lack of programmability and real-world use cases could limit its long-term value proposition if the industry shifts toward utility-driven models.
His stance reflects a broader trend among some miners and investors to diversify into Ethereum and other smart contract platforms as the crypto market matures. The recent approval of spot ETH ETFs in the U.S. and the increasing tokenization of traditional assets further support this narrative. Still, Ethereum faces its own challenges, including scalability issues and regulatory uncertainty, which could slow institutional adoption.
Forward-Looking Perspective
If RWA tokenization accelerates as expected, Ethereum could see significant demand for its native asset, both as a store of value and as a utility token for transaction fees and staking. However, the outcome depends on regulatory clarity and the ability of Ethereum to scale without compromising security. Bitcoin, meanwhile, may need to develop stronger use cases beyond speculation to maintain its dominance. Jiang’s remarks serve as a reminder that in the evolving crypto landscape, utility may ultimately trump brand recognition.
