No Guarantee Ethereum Follows Same Path as Bitcoin
Dow Jones11-12 21:57
1357 GMT - Ethereum is unlikely to follow the same path as bitcoin when maturing as an asset class, according to Citi's Alex Saunders. Ethereum lacks some of the characteristics that helped bitcoin become more institutionalized, such as scarcity value. "It's not guaranteed that ethereum will always be the largest network or fulfill all the needs that come up as the technology evolves," he said. "I can see a world where different tokens fulfill different needs." Ether, the cryptocurrency, is 2.7% lower at $2,012.54.
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