Ethereum: A cryptocurrency that will destroy Bitcoin!
Billionaire Mark Cuban revealed that the cryptocurrency “Ethereum” is better than Bitcoin, expressing optimism about the future of cryptocurrencies, which led him to achieve billions of betting on it in the late nineties of the last century.
"I divide my wallet in cryptocurrencies by 60% Bitcoin, 30% Ethereum, and 10% for the rest of the currencies," said Cuban, who keeps the few digital currencies he bought in the early days of the emergence of this type of currency.
Although Bitcoin, which appeared in 2009, is the largest cryptocurrency by market value, Cuban maintains it as a store of value and not as a currency.
Coban believes that the cryptocurrency has always been a better alternative to gold as a store of value, due to its mathematical scarcity, which always pushes its price up, "which is the reason why I always keep it."
“What really changed everything was smart contracts,” Coban said. With the advent of Ethereum, which opened the way to creating what is known as [decentralized finance], and non-exchangeable tokens known as NFTs, the game has changed completely. .
Cuban added, with Ethereum's ability to adapt over time to optimization processes led by developers and programmers, its capabilities as a currency are becoming more and more effective. He also expressed his remorse for not buying the "Ethereum" currency early, which he started buying only 4 years ago.
