BITWISE CIO MATT HOUGAN SAYS BITCOIN $BTC COULD GO NORTH OF $1M WHILE ETHEREUM ethereum:native BUILDS FINANCIAL RAILS
The split is simple: Bitcoin is digital gold, Ethereum is financial infrastructure:
- Bitcoin uses blockchain to deliver digital gold
- Ethereum is built around moving financial assets, with stablecoins and tokenized assets primarily running on it
- Crypto could trade less as one single asset class and more like internet stocks, with different networks winning different markets
I wonder if Tom Lee
@fundstrat sees it the same way.