Andreas Antonopoulos Addresses Ethereum’s Future: ETH Vs. BTC

Just like Bitcoin, Etehreum has been seeing lots of predictions these days. One of them has been released by Andreas Antonopoulos.

According to the latest reports, Bitcoin evangelist and educator Andreas Antonopoulos said that Ethereum’s future is a blank canvas, compared to Bitcoin.

In a new interview with Real Vision, he said that Ethereum’s vast amount of potential use cases makes it hard to pinpoint exactly what’s in store for the digital asset.

ETH is more versatile than BTC

He said that Bitcoin’s design is pretty simple, but ETH goes for the general purpose, open-ended programs. He said that this makes the coin more versatile, but all this comes at a cost.

“The cost is that in order for that system to be able to evolve, you have to have much faster iteration. You will stumble many times on that path. You’re going to have some spectacular and catastrophic losses. It’s even– it’s the Wild West of the Wild West. It’s Dodge City…”

He continued and said: “So I see Ethereum as very complementary. I see it as being able to explore the far reaches of innovation that Bitcoin doesn’t want to venture into, or shouldn’t want to venture into, because that would undermine its primary function of doing robust money that resists even state-level attacks.”

ETH’s future is more uncertain than the one of BTC

He also said that the future of ETH is much more uncertain than the one of Bitcoin.

This happens “Because Ethereum’s use cases are so much more open because it’s a programmable blockchain with so many different possibilities, you tend to get whiplash if you tried to pay attention to what’s the current model of what Ethereum is pursuing right now.”

Regarding ETH’s price today, at the moment of writing this article, ETH is trading in the green, and the coin is priced at $1,618.92.

Stay tuned for more news.

Previous ArticleCardano Foundation Hires New Head Of Human ResourcesNext ArticleInstitutions Are Making Bets On Bitcoin – BTC To Hit $75k By May
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.
Exit mobile version