There's no doubt that Bitcoin and Ethereum are the two heavy-hitters of the crypto world at the moment, but which one is the better investment? With all the information and fanboys on both sides, it can be difficult to make a decision. Bitcoin has been through the test of time, proving itself to be a great store of value, with the drawbacks of high confirmation times and fees. Ethereum boasts smart contracts and faster network speed, but has recently seen some issues with network congestion during several ICO(Initial Coin Offerings).
If you're busy like me, and just want to invest in the one which will give you the highest return in a few years, the answer is actually quite simple. I recently came across an article that laid out the foundations and potential of both Bitcoin and Ethereum. First, take a look at this diagram, then read the attached arguments. I believe that the answer is quite clear.
- BITCOIN HAVE LIMITED QUANTITY, IN DIFFERENCE FROM TULIPS AND DOLLARS
- GOLD EXACTLY SAME A PYRAMID SCHEME AS A BITCOIN BUT ALREADY ABSORB ALL IN
- CURRENT CAPITALIZATION OF THE BITCOIN 35,788,210,511 USD
FOR EXAMPLE RUSSIAN BILLIONER ALISHER UZMANOV MAY BUY THE HALF OF ALL BITCOINS
USA MILITARY BUDGET - 611,000,000,000 USD
USA DEBT - 18,984,100,000,000 USD
GOLD IN THE WORLD 31553,2 TONS = 1,278,960,782,690 USD
BITCOIN SIMILAR TO GOLD FOR ACCUMULATION AND SIMILAR TO DOLLAR FOR MONEY TRANSFER
THE ONLY THING THAT PREVENTS THE BITCOIN FROM BECOMING A WORLD CURRENCY IS ITS LOW COST
AT THE PRICE OF 10,000,000 USD FOR 1 BITCOIN IT ALREADY CAN REPLACE DOLLARS
TYPICAL PROBLEM FOR BILLIONER: TO BUY APARTMENT FOR 15 YEARS ASIAN GIRLFREND
FOR EXAMPLE YOU - BILL GATES
YOU HAVE MONEY IN THE BANK
YOU CAN NOT DO ANYTHING WITH THIS MONEY, YOU CAN NOT TAKE TONS OF CASH. GOLD IS VISIBLE ON METAL DETECTORS AT THE AIRPORT
BEFORE PAYING SERIOUS MONEY, YOU NEED TO RECEIVE THE APPOINTMENT PERMISSION AND PAY THE TAXES
AND IF JOURNALISTS SEE WILL BE THE SCANDAL
WITH BITCOIN THERE IS NO PROBLEM
WITH BITCOIN ONLY PROBLEM IS BITCOIN LOW PRICE AND LOW BITCOIN AMOUNT IN INTERGENERAL ARBITRATION
BITCOIN PRICE WILL RISE, LIQUIDITY WILL INCREASE, APPLICATION WILL BE EXPANSIONED
THIS IS THE EGYPTIAN PYRAMID AND NEVER WILL BE RUINED
They are two very different things. Where bitcoin is a cryptocurrency with the sole purpose of payments and Ethereum is a platform.
That being said. I root for another one. Stratis: https://steemit.com/cryptocurreny/@valderrama/forget-about-ethereum
I think bitcoin will remain king, but ethereum will be something you want to own.
interresting annalysis
Yup, bitcoin will always be king. I'll buy 2 apartments for my 2 asian girlfriends and I'll do it fast too because of that lightning network, nomsayin. I hope btc gets lightning network though.