Strategist: Bitcoin more likely to be successful ‘in the long run’ than Ethereum
One reason strategist and investment guru Lyn Alden isn’t invested in Ether is she considers the network an “unfinished product” when compared with .
Alden’s economic analysis of Ethereum released today compares the smart contract network to the Concorde jet: functional as it has “a ton of smart developers working on it,” but unlikely to become an economically sustainable project in the long run. She ran down some of Ethereum’s main features as evidence of her assertion, calling the use-case of many decentralized apps “circular and speculative.”
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