Raoul PalContrary to what is traditionally known, Ethereum (ETH) thinks that it has outperformed Bitcoin during the last bear market.
In a new interview with Real Vision CEO Layah Heilpern, he stated that he thinks the leading smart contract platform is outpacing BTC at a time when the best crypto asset on the market usually shines.
“One of the things Bitcoin investors had was that during a bear market, Bitcoin was the only thing that survived and all the others collapsed.
Since the beginning of the bear market, Ethereum (ETH)outperformed Bitcoin. Believe me, I’m not saying this as an Ethereum fan. I care about this industry as a whole, but it’s about Ethereum making this performance and it’s not just the story.
The story is that they all suffered a bear market, that’s all story and that’s not true. What is true? Is Bitcoin the most decentralized, strongest, most stable network? Yes. Is that the only answer to everything? Absolutely categorically not.”
Pal also noted that he is paying attention to developments in the Web 3.0 space, which he says will change every business model, along with BTC and ETH. The former Goldman Sachs executive thinks technologies like social tokens could revolutionize the way online creators manage their businesses.
“The ability for creators to reward their fans with tokens and digital assets for your superfans and interact with them on these platforms will make the network bigger and more vibrant, so now you work directly for your fans.
Right now all you have is a link so you just look at the data on Twitter, YouTube, all you get in return is that number and ad revenue. However social tokenWith the help of ‘s and NFTs you can take full control. This is Web 3.0 itself.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.