A recent poll observes the prevalence of crypto among US residents above 18 years. As technology continues to shape the future as we see it, it appears that millennials are putting their best foot forward in alignment with technological development. French company Alto Invest recently explored prevalent investment practices of persons aged 18 years and above. While most respondents expressed a desire for real estate investment, several others considered crypto a bargain for the future. Alto Invest’s findings concluded…
Tag: Aswath Damodaran Dubs Ether
Aswath Damodaran Dubs Ether as a Superior Commodity than Bitcoin
One crypto critic, New York University's Aswath Damodaran, thinks Ether has a better chance of becoming a commodity in a possible blockchain-based future than Bitcoin. The NYU professor argued that Ethereum's upside potential outweighs Bitcoin's potential in a possible future paradigm dominated by blockchain-based technology. Inefficient Currency According to Damodaran, ETH will outshine BTC as a better lubricant for blockchain commerce. As for Bitcoin, the professor noted that the popular crypto was a speculative play. He added that bitcoin bulls…
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