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