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Home Economy

Bitcoin can be dumped ‘in the long run’ by Ethereum

by Ursula Curtis
August 6, 2021
in Economy
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A Bitcoin pode ser destronada “a longo prazo” pela Ethereum
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Little by little, cryptocurrencies are becoming appreciated, trying to get to the values ​​of the past. After a very bad period, the major cryptocurrencies are showing signs of recovery once again and we are looking to the future with great expectations.

At the top of the most popular coins, experts believe that Ethereum could even surpass Bitcoin.

Ethereum could turn into the world's most valuable currency...

The world of cryptocurrency remains unknown with many ups and downs. Bitcoin remains the most popular and most valuable currency as well, but experts believe the picture could change.

Ethereum’s eternal “competition” is on the rise, gaining more than 22% in the past week.

Bitcoin can be disposed of

Analyzers Cointelegraph Keep in mind that the Ethereum cryptocurrency will see a significant increase by the end of the year. Todd Morley, co-founder of Guggenheim Partners, considers this cryptocurrency to be more useful than Bitcoin, and it may outperform this cryptocurrency in the long run. In addition to Ethereum is considered more useful due to smart contracts. Technologies based on this technology have grown 20 times in the past six years in a row.

Regarding NFTs (non-fungible tokens), Todd Morley considers this to be another trump card of the Ethereum network's blockchain technology.

Note that Ethereum is a platform based on Blockchain technology and that Ether (also called Ethereum) is the cryptocurrency that powers the platform. Bitcoin and Ether differ, above all, in their purpose. Bitcoin was created to be an alternative payment method which, in theory, could one day replace the current financial system.

Read also...

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

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Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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