Bitcoin Will Hit $20K in 2018. Here's Why Ethereum Is a Better Bet, Says Reddit Cofounder

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RamboLambo
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Bitcoin Will Hit $20K in 2018. Here's Why Ethereum Is a Better Bet, Says Reddit Cofounder

Sun May 20, 2018 3:10 pm

While Bitcoin may be the poster child of cryptocurrencies, Reddit co-founder Alexis Ohanian thinks the second most valuable cryptocurrency by market capitalization, Ethereum, will be the real winner.

“I’m most bullish about Ethereum simply because people are actually building on it,” Ohanian told Fortune’s Term Sheet Tuesday. Ohanian has stepped back from Reddit’s day-to-day operations and now invests in firms including Coinbase via his venture capital firm, Initialized Capital.

Because developers have found it challenging to create applications based on the Bitcoin blockchain, finding Ethereum more flexible, Ohanian says he sees the price of Ethereum rising faster than the price of Bitcoin this year.


http://fortune.com/2018/05/02/bitcoin-e ... s-ohanian/
Brasch1
Posts: 21
Joined: Sun Jun 10, 2018 9:46 pm

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