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❕NEWS NYU Professor Says ETH Is A Better Commodity than BTC

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Aswath Damodaran, professor of finance at New York University's Stern School of Business, share his opinion on CNBC where he said ethereum provides more lubricant to blockchain then Bitcoin and it stand the chance of becoming a better commodity than bitcoin considering that DeFi which is the fastest growing growing market as at this moment as $65 billionDeFi protocols are locked in ethereum blockchain network.

I personally agree with him because ethereum has more uses than bitcoin which is more or hype. Share your thoughts.
 
I agree that ethereum has one of the most useful networks when compared to bitcoin . it still beats me what bitcoin has over coins such as ETH that makes it more valuable.
Bitcoin was first in existence it is more used for payment and it is very popular otherwise ethereum asthma functionalities than Bitcoin.
 
Bitcoin was first in existence it is more used for payment and it is very popular otherwise ethereum asthma functionalities than Bitcoin.
The fact that it is the very first coin and more popular seems to work a lot in its favour but the fact that it determines the behaviour of almost all the other coins is crazy.
 
The fact that it is the very first coin and more popular seems to work a lot in its favour but the fact that it determines the behaviour of almost all the other coins is crazy.
It's really crazy my friend and it's one of the research I'm currently into now so that we know why and it could guide us on investing cuz if you check as the coin recovers binance coin also requires and otherwise.
 
Ethereum still have a lot way to go before reaching bitcoin level ,i am not sure if it have a close range to bitcoin interms of many things ,because bitcoin have gone far and many companies are adopting it
 
Aswath Damodaran, professor of finance at New York University's Stern School of Business, share his opinion on CNBC where he said ethereum provides more lubricant to blockchain then Bitcoin and it stand the chance of becoming a better commodity than bitcoin considering that DeFi which is the fastest growing growing market as at this moment as $65 billionDeFi protocols are locked in ethereum blockchain network.

I personally agree with him because ethereum has more uses than bitcoin which is more or hype. Share your thoughts.
No doubt thats true! I head it is better even in support which is backed by gold, i dont know how this come true or what? But its not covered that mostly expeting this strong crypto taje bitcoin place as first one
 
Ethereum still have a lot way to go before reaching bitcoin level ,i am not sure if it have a close range to bitcoin interms of many things ,because bitcoin have gone far and many companies are adopting it
It may not be an easy task but I wouldn't be surprised considering the way the projects are run on the ethereum blockchain except for Cardano that's coming to compete.
 
It may not be an easy task but I wouldn't be surprised considering the way the projects are run on the ethereum blockchain except for Cardano that's coming to compete.
The cardano is just improving gradually , but despite that they might still remain under bitcoin when it comes to popularity and many other things
 
He is right.Bitcoin is a coin driven by FUD, sentiment and hype.It has no real projects built on top of it to support its growth,has no natural layer 2 solutions for scalabity,now being helped by the Lightning Network for fast transactions.ETH boasts of more utility and strongest smart contracts in the entire crypto space better than Bitcoin
 
While Bitcoin works better as a peer-to-peer transaction system, Ethereum works well when you need to create and build distributed applications and smart contracts. The choice is entirely up to you to choose a winner between Bitcoin vs. Ethereum
 
Ethereum is also becoming more environmental friendly by being a proof of stake consensus mechanism blockchain as it now uses lesser energy than it used as PoW.Bitcoin has no plans to reduce energy usage
 
I think both chains are totally different, one is more focused on the creation of protocols and applications as well as more focused on DeFi and also on NFTs for example the other is more focused on remaining simple, and true to its purpose, which is to be a kind of refuge of digital value, decentralized and that serves as an alternative to the traditional banking system as well as effective in peer-to-peer transactions, I think they both do a lot of good for the ecosystem and we need both, Bitcoin is trust, and Ethereum is innovation.
 

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