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❕NEWS In Ten Years, Ethereum May Account For Half Of Global Financial Transactions

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Joey Krug is a co-chief investment officer of cryptocurrency at hedge fund Pantera Capital, he said ethereum has the potential to become a major role in the global financial system. Krug predicted that Ethereum would be involved in more than half of all financial transactions, citing the assets that underpin the platform. Despite competition, he believes Ethereum's position will remain unchallenged, noting factors such as few trade-offs.
Did you agree with his thoughts and predictions?
 
I really do agree with him , because if you check current development of the coin. You would see the coin is really on a good development range ,I think for some time now it have been holding that range for the second best coin after bitcoin ,this Alone gives me that assurance of it been promising regardless and why investors needs to invest
 
Honestly because aside another small and coins that I consider to invest in ethereum is another good coin I still have significant amount of money invested in it because it has potential and the coin has built a wonderful use case around its block chain such that it continues to grow and the project is sustainable unlike other projects that are just in for the short time money.
 
Joey Krug is a co-chief investment officer of cryptocurrency at hedge fund Pantera Capital, he said ethereum h
He said Etherium is blah, blah
And did he said half of the global financial transactions will be done in ethereum or half of the global financial transactions will not be done in ethereum?
It is like half full and half empty glass question.

ETH rules ETH blockchain, but in next 10 years people will be moving out of gas.
 
Etheruem is already powering lots of coins in it's block-chain network. So, when you look at that, you'll know that, the coin is already serving as a mainstay in the crypto space, and it's a primary coin for transactions around different exchanges. Such made the coin well-known due to its wide usage of it's blockchain for transactions.
 
Etheruem is already powering lots of coins in it's block-chain network. So, when you look at that, you'll know that, the coin is already serving as a mainstay in the crypto space, and it's a primary coin for transactions around different exchanges. Such made the coin well-known due to its wide usage of it's blockchain for transactions.
That is old thought, many ERC posted cryptos become their own blockchain, and coming up with multiple projects like TRON blockchain of TRX, Binance Smart Chain of BNB.

Also other alternatives are coming like Bitcoincash 's smart contract that is competing with Ethereum's smart contract
 
Truly etherium is a very strong coin and it is reliable. But I don't think that is right. If etherium can take over half of the global financial transaction then what will happen to bitcoin.
Like people always says. Bitcoin and the rest. As people are knowing cryptocurrency everyday so is bitcoin popularity increasing. The countries that invest in cryptocurrency or organizations that accept cryptocurrency donations, all uses bitcoin. So it is bitcoin that can do that not etherium.
 
Well, with how the transfer fee on Ethereum network now is so insanely high. I doubt that will become a reality anytime soon. The NFT boom really is both a curse and a blessing. On one hand, it helps promotes crypto to the world. On the other hand, it makes Ethereum network clogged to the point of insane transfer fee.
 
NFT is also available with Polygon Network, and it costs economical; ETH is not a choice when small investors have to invest.

Right now Ethereum blockchain is ruling NFT world, but slowly others are emergency.

Even in smart contract, there is competition. BNB, BCH, all are giving Esther though run.
 
I don't think his predict will happen the way he predicted it, because been optimistic in prediction is not good, and if he Etherum would have gain 10% to 20% of market proportion that would be realistic, but saying half were other cryptos are doing well in the market.
 
I don't think his predict will happen the way he predicted it, because been optimistic in prediction is not good, and if he Etherum would have gain 10% to 20% of market proportion that would be realistic, but saying half were other cryptos are doing well in the market.
I think the person might be saying such to hype the coin to get in more Investors that would invest in ethereum , although the coin is doing well currently , but definitely not up to the hype the person is saying , ethereum is very promising and have more potential no doubt about that
 
Ethereum miners are making money for the use, even ERC tokens earn them, so they will promote it at all possible marks. However, with multiple options available, people are also moving away from Ethereal, and I don't need to add why.
When most of us currency crypto users are not fond of Ether, then why new entries will?
 
That is old thought, many ERC posted cryptos become their own blockchain, and coming up with multiple projects like TRON blockchain of TRX, Binance Smart Chain of BNB.

Also other alternatives are coming like Bitcoincash 's smart contract that is competing with Ethereum's smart contract
I understand that others are competing favourably with ETH, but still their are lots of coins/tokens which ETH smart contract network is powering. Their are hosts of them, which made ETH the mother of all other coin in the crypto space. BSC network is gaining momentum as well, powering many crypto project as well.
 
I understand that others are competing favourably with ETH, but still their are lots of coins/tokens which ETH smart contract network is powering. Their are hosts of them, which made ETH the mother of all other coin in the crypto space. BSC network is gaining momentum as well, powering many crypto project as well.
if not for the high transaction fee of the ethereum Blockchain am sure many more coin would have been adopting it ,but the high fee is making it look unattractive ,that's why you see that coin developers are looking at other alternatives like bsc network
 
@Mariappa45 , the biggest problem is gas fees, as mentioned by @Wisdom01 ; I will also include that ERC platform was gaining popularity due to proposed ETH2.0, which never came, now those who purchased ETH in hope of version 2, are in loss, and started moving out of it. I too cannot do anything with my ERC tokens.
 
if not for the high transaction fee of the ethereum Blockchain am sure many more coin would have been adopting it ,but the high fee is making it look unattractive ,that's why you see that coin developers are looking at other alternatives like bsc network
Why wouldn't I look for other alternatives?, definitely I'll go for other alternatives. Because, the gas fee have become a stumbling one for small investors. Imagine where you want to move your $10 worth of crypto using either ERC-20 blockchain, you'll pay excessive gas fee more than what you want to withdraw.
 
Why wouldn't I look for other alternatives?, definitely I'll go for other alternatives. Because, the gas fee have become a stumbling one for small investors. Imagine where you want to move your $10 worth of crypto using either ERC-20 blockchain, you'll pay excessive gas fee more than what you want to withdraw.
exactly the gas fee itself is a big burden , no doubt the people are considering other better alternatives , the high gas fee could actually take all the profit you even want to make or give out ,the excessive fee is something worrying
 
People are moving to Binance smart chain, Salona smart contract, Polygon blockchain, even Bitcoincash has come up with smart coins.
Ethereum if survives, it's the best it can do, right now only NFT is left, and there are already gasfree NFT and marketplace are coming up, it just need to be promoted.
 
I really do agree with him , because if you check current development of the coin. You would see the coin is really on a good development range ,I think for some time now it have been holding that range for the second best coin after bitcoin ,this Alone gives me that assurance of it been promising regardless and why investors needs to invest

I am wondering why people do not consider Bitcoin as a kind of coin that would be used by people. Why Ethereum? I have read a few articles that state that Ethereum may surpass bitcoin and now i have read this title of the thread, but I must say that these theories are mere theories. No one could be sure about what might happen in the world of cryptocurrencies.
 
I am wondering why people do not consider Bitcoin as a kind of coin that would be used by people. Why Ethereum? I have read a few articles that state that Ethereum may surpass bitcoin and now i have read this title of the thread, but I must say that these theories are mere theories. No one could be sure about what might happen in the world of cryptocurrencies.
Those theories are made up, yeah, made up by ETH HODLers, who are trying to get rid of their ETH.

Actually Bitcoin is the real one, others are just altcoins; yet 21 million BTC cannot be divided with people, so ETH blockchain has a reason with ERC tokens. However, other blockchains are competing with it.
 

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