Real Vision CEO Raoul Palannounced that he believes the leading smart contract platform Ethereum (ETH) will outperform Bitcoin in the long run, here are the views of the macro guru.
Recording a new interview with Crypto Banter, Pal thinks that although Bitcoin as the top crypto asset by market cap has surpassed Ethereum in total trading volume and number of active wallets, Ethereum has found ways to surpass the leading crypto asset Bitcoin over the past few years. .
“If you think about Bitcoin, bitcoin it trades more each week than Ethereum. Ethereum has a lot of transactions. Processes are a red herring. Its total value and number of active wallets are ahead of both.
However, if you look at Ethereum, the change in values is higher in Ethereum for these two values, so Ethereum has outperformed Bitcoin for the past few years and I’ve found that to be really helpful. It shows what the price is and the price is pretty good.”
Re-explaining his views on whether Ethereum can outperform Bitcoin or not, Pal still maintains this view and thinks that other altcoins should eventually outperform Bitcoin.
“If you believe the future is in technology, blockchain technology, this entire digital asset space should outperform the safe haven (BTC). This is how things go. It always works this way and therefore has a higher beta.
This is, “I don’t like Bitcoin because for X and Y EthereumIt’s not a value statement about “I prefer”. It’s all about network adoption patterns. When you understand this, you free your mind from all the narratives in different buckets.”
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.