Prediction: $ETH will eventually eclipse $BTC
Here's my thesis π
Here's my thesis π
Here's how the market cap of the two most popular cryptos stands today:
#Bitcoin: $1 trillion
#Ethereum: $227 billion
πThe gap: $773 billion
#Bitcoin: $1 trillion
#Ethereum: $227 billion
πThe gap: $773 billion
Bitcoin seems to have firmly established itself as Digital Gold πͺπͺ
Investors have started to see it as an uncorrelated asset or safe haven against inflation.
Investors have started to see it as an uncorrelated asset or safe haven against inflation.
Gold, of course, is a massive market. It's worth well over $10 trillion, as Bitcoin enthusiasts and gold bugs will gladly tell you.
However, Ethereum is aiming to be much more than just a "store of value." It's trying to be a decentralized version of the internet itself. Web 3.0
However, Ethereum is aiming to be much more than just a "store of value." It's trying to be a decentralized version of the internet itself. Web 3.0
How much is that market worth? It's anyone's guess.
But recent developments prove that Ether could be a platform for digital collectibles at a minimum and a base layer for a new version of the entire financial system in its best-case scenario.
But recent developments prove that Ether could be a platform for digital collectibles at a minimum and a base layer for a new version of the entire financial system in its best-case scenario.
Global collectibles market alone is worth $370 billion - That's more than $ETH's current market cap.
techcrunch.com/2020/03/25/theβ¦.
techcrunch.com/2020/03/25/theβ¦.
Cloud computing is worth $266 billion TODAY.
This industry is expected to grow at a CAGR of 14.9% until 2027
grandviewresearch.com/industry-analyβ¦
This industry is expected to grow at a CAGR of 14.9% until 2027
grandviewresearch.com/industry-analyβ¦
And these are all traditional markets. The Decentralized web could allow entrepreneurs to create new market that could have market potential that is beyond our imagination right now.
When the internet was created, no one predicted ride sharing or social media
When the internet was created, no one predicted ride sharing or social media
TLDR: $BTC's TAM taps out at $10 trillion, but $ETH's TAM is unmeasurable and possible much larger.
All the network needs is a killer app to eclipse its larger peer.
All the network needs is a killer app to eclipse its larger peer.
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