Altcoins News

Story: Why Ethereum is headed to 10,000 Dollars? Is it Ultra Risky of Ultra Whim? Narratives Cooking

By Steven Anderson

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Garrytan.eth expressed “US dollars is the equivalent of allowing the US government to change the amount of value you own just by creating more of what you already have.

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Bitcoin in contrast is sound money. There will only ever be 21 million Bitcoin. It is what got us to where we are now in the crypto adoption curve.

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And, the supply will actually go down over time. Hundreds of millions of dollars’ worth of Ether will be burnt per year. This is why Ethereum will become ultrasound money.

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Ultrasound money becomes more valuable over time because it is more scarce. And, this is important.  It is one of the big reasons why Ethereum is headed to 10,000 dollars.”

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It is a world filled with new age investors, gurus and veterans like Warren Buffet.  Each of them have different views.

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Those who are looking at things with beginner eyes have a different perspective.  Those who are looking at things through the perception of their experience have a different…

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Every investor accumulates for a reason.  And each of them expand on their belief system around the use case.

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Community Musings:  Ethereum operates on the golden rule: he who has the gold makes the rules. To be fair, so does bitcoin.

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ETH future monetary policy is completely unknown and is at the whim of whoever happens to be running the narrative - whether from the inside, or out. Ultra-risky, not ultra-sound.

The Currency Analytics

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