This report is worth checking out: Ethereum isn’t just an ordinary blockchain—it’s currently the platform closest to being “digital public infrastructure.” Think of it like the TCP/IP protocol of the internet: neutral, open, and uncontrollable by anyone, but designed to handle “value, contracts, and coordination.” Here are a few key points: 1. No one can control it (strongest neutrality) Ethereum has no boss, no backdoor, and no kill switch. It’s maintained by thousands of independent nodes and hundreds of thousands of validators worldwide. No single country, company, or individual can unilaterally change the rules or shut it down. This is crucial for governments and institutions—they’re most afraid of handing critical infrastructure to someone who could be “controlled by a third party.” 2. Running securely for over 10 years with zero downtime Currently, around $76 billion worth of ETH is staked (as security collateral). Attacking it would cost over $50 billion and still result in massive losses. Since its launch in 2015, Ethereum has had zero downtime (unlike every other L1, which has experienced issues). 3. Already being used by major institutions and governments with real money • Stablecoins: $159 billion locked on Ethereum (far more than any other chain). • Real World Asset Tokenization (RWA): Companies like BlackRock and JPMorgan have already launched products on Ethereum. • Government applications: Bhutan is using it for nationwide digital identity, and India is leveraging it for land registry to combat corruption. 4. Clear advantages over other options • Compared to traditional banks/intermediaries: No need to trust middlemen—math and cryptography ensure transparency and lower costs. • Compared to consortium/private chains: More open and neutral, with no single entity in control. • Compared to other public chains: More mature, with the largest developer community, biggest economic scale, and highest security. In summary, Using data + real-world examples + comparisons, it’s clear: Ethereum is the “neutral public layer” for future global value settlement and coordination. https://ethereum.org/reports/basics-for-governments-institutions.pdf