Famous Executive Is Pessimistic About This Altcoin: Lost!

Su Zhu is a world-renowned cryptocurrency fund manager and draws attention with her statements about Ethereum. He spoke critically of the leadership of the leading altcoin Ethereum. Su Zhu, one of the founding partners of Three Arrows Capital, one of the famous crypto money funds, is also one of the most famous names in the crypto money industry. Detail cryptocoin.com‘in.

“Pioneer altcoin ETH will be left behind”

Zhu, who is also a partner of a crypto fund, is accused of betraying Ethereum, from which he earned billions of dollars. One of the reasons Zhu criticizes ETH is that the transaction fees are “off the mark.” For this reason, the investor says that he has now “abandoned” Ethereum. Zhu’s statement that the transaction fees went beyond Ethereum’s purpose, and he persistently vilified Ethereum. Zhu’s reaction to Ethereum seems to be continuing. Zhu made important statements in an interview with Hasu, one of the famous names in the crypto money industry. Zhu argued that it is now inevitable for alternative cryptocurrencies to overtake Ethereum.

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According to Zhu, although Ethereum competes with BTC in popularity, he thinks that he is hurting himself with some of the policies he follows. According to Zhu, other networks will one day be able to overtake ETH just as ETH will overtake BTC. The reason for this is that other networks are more forward-oriented after a point. According to Zhu, the Ethereum network is currently suffering from users and there are still problems with scalability in the network. For this reason, the CEO of Three Arrows stated that Ethereum will compete with BTC, as well as other altcoins will compete with ETH thanks to scalability. Zhu’s general opinion is that Ethereum will lose strength and fall behind in the long run.

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