The crypto market is looking great today with Bitcoin being able to smash through $60k once again. The Bitcoin and crypto market price has surged above $2 trillion and took the market into the spotlight once again.
There are all kinds of optimistic crypto predictions that are made these days and they are targeting both digital assets.
Bitcoin vs. Ethereum as a store of value
There are all kinds of debates about the battle between Bitcoin and Ethereum.
“I think the applications leveraging smart contracts and extensions on Ethereum will dwarf bitcoin. Bitcoin, right now, has evolved to be primarily a store of value, and it’s very difficult to use it for anything else. You really have to work a lot harder on bitcoin than you do on Ethereum.”
Cuban also explained that he expects Ethereum’s long-awaited 2.0 upgrade will spark the development of apps that “dwarf” BTC.
Stay tuned for more news and make sure to keep your eyes peeled on the crypto market to see more bullish news these days.
He believes that BTC will fully replace gold for a wide range of investors.