Investla
1 min readAug 17, 2021

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I have to do more research into ETH. But the fact that it does not have a finite supply has always kept me from seeing it having more potential than BTC.

Sure, it's new deflationary status is interesting, but when looking at the fundamentals it still puts it no where near Bitcoin's finite limited supply numbers.

Furthermore, 2nd layer smart contract networks are already being built for Bitcoin today. Once those are ready and out on the markets, then BTC will be able to do everything ETH does with it's smart contracts.

Without the problem of having 70% of the supply being pre-mind and distributed to the creator and his friends, without the high gas fees from greedy miners(Yes, I know they're said to go down once ETH 2.0 is fully implemented, but how low is still yet to be seen. And until then miners are gouging every gas fee they can).

It will also have the benefit of still maintaining Bitcoin's main chain network security that makes it the largest, and strongest computer network in the world today.

That said, I do hold a significant position in ETH. But until ETH proves itself with more time on the market, that ETH will not have a permanent position on my portfolio as BTC does. For today, my ETH remains a speculative bet that I bought with the potential to trade for more BTC one day.

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Investla
Investla

Written by Investla

Investing, Pop Culture, Tesla, and Cryptocurrency news.

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