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Strategist: Bitcoin more likely to be successful 'in the long run' than Ethereum

Published 01/17/2021, 01:43 PM
Updated 01/17/2021, 03:20 PM
Strategist: Bitcoin more likely to be successful 'in the long run' than Ethereum

One reason strategist and investment guru Lyn Alden isn't invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin.

Alden’s economic analysis of Ethereum released today compares the smart contract network to the Concorde jet: functional as it has “a ton of smart developers working on it,” but unlikely to become an economically sustainable project in the long run. She ran down some of Ethereum’s main features as evidence of her assertion, calling the use-case of many decentralized apps “circular and speculative.”

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Latest comments

all this analyst will saya whatever it needs to defend their investment...i prefer listening to raoul who open to possibility and openly admit ether will be bigger than bitcoin market cap eventhough he is hard on bitcoin
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