Altcoins News
By Steven Anderson
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There is a sure fire anticipation of the financial apocalypse. It goes that Bitcoiners want to survive the financial apocalypse and Ethereans want to cancel it.
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There are some who feel like: Imagine waking up every day hoping the world has gotten worse and hoards of distressed people are now rushing to pump your bags.
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Some state, I never want to see BTC at $1m because it will mean the U.S. has become a failed state, and I'd like to see us resurge instead. $BTC is a bet on stagnation.
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Also, Novogratz explained why. BTC is understood as an asset class by fund managers. ETH is still a bet on the tech and they don't understand it and don't realize how close ETH is.
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When someone pointed to how it is hugely bearish for ETH that NBA is using flow? Someone replied stating, Ethereum can't handle NBA-level volume yet, but that will change as…
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Many of them felt that ETH can’t handle the volume, but a brand new blockchain can? Some were wondering if once 2.0 flips, it will be able to handle the volume.
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More of such mixed opinions keep popping up.
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Ultimately, the mainstream doesn’t care for the tech behind it all. And, the majority are just like: But the gas thought!
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There is no denying that Ethereum is useful to all kinds of people. Defi is analytical and NFTs are artistic.
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Users need not be inundated with all the technical minutae. They just need to be given an intro to it, what it is, and how it could benefit them.
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Someone stated ETH is a project started by a teenager who has no experience in project management whatsoever and took in billions of investment while making timeline projections…
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I will stick to the project that follows the principle of: "Do one thing and do it well."
The Currency Analytics
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