# Ethereum’s Mission to Transform Traditional Finance
In a recent revelation by Bitwise CEO, Hunter Horsley, the true mission of Ethereum has been clarified. Instead of positioning itself as a competitor to Bitcoin, Ethereum seeks to revolutionize the fundamental framework of Web2 and conventional financial services. This strategic direction highlights a significant departure from the traditional monetary systems.
## Understanding Ethereum’s Objectives
### Redefining the Framework of Web2
Ethereum’s primary goal is to redefine the existing structure of Web2, emphasizing on reshaping the digital landscape beyond the capabilities of Bitcoin. By focusing on upgrading the Web2 infrastructure, Ethereum aims to facilitate enhanced functionalities and decentralized applications.
### Embracing Financial Innovation
Rather than engaging in a direct competition with Bitcoin, Ethereum is inclined towards fostering financial innovation and transforming traditional financial services. This strategic approach signifies a progressive shift towards a more inclusive and dynamic financial ecosystem.
## Insights from Bitwise CEO
In a recent post on X platform, Bitwise CEO Hunter Horsley elaborated on the distinct mission of Ethereum, shedding light on its transformative agenda. By emphasizing Ethereum’s objective to upgrade Web2 infrastructure, Horsley reiterates the platform’s commitment to revolutionizing the digital landscape.
## Conclusion
Ethereum’s strategic focus on revolutionizing Web2 infrastructure and advancing financial innovation sets it apart from the traditional narratives of cryptocurrency competition. The insights shared by Bitwise CEO underscore Ethereum’s unique mission to redefine the digital framework, signaling a transformative shift in the financial landscape.