Opinion: Bitcoin Is Set to Overtake Ethereum in the Long Run

Investment strategist Lyn Alden conducted an economic analysis of Bitcoin and Ethereum, which led her to describe the second-largest cryptocurrency as an ‘experimental product’.

In the strategist’s view, in the long run Ethereum is unlikely to become a financially sustainable project because of its unfinished state. Regulators could complicate the launch of applications built on this blockchain, Alden said.

“Perhaps, in the next five years, when Ethereum 2.0 is fully rolled out, this asset could be called a completed project, like Bitcoin. But for now it is just an experiment,” said the investment strategist.

Alden noted large “cultural differences” between the two leading digital assets. Bitcoin’s supply is capped at 21 million BTC, while Ethereum features a discretionary monetary policy.

According to her, the first cryptocurrency has significant upside potential despite high volatility. Against the backdrop of inflation in fiat currencies, digital gold will continue to rise, the expert said.

“Bitcoin does not wipe out everything in its path like many alts. It moves slowly, but in the right direction. The more ideas and innovations emerge in the digital asset industry, the more developers of the first cryptocurrency have to refine the protocol and the ecosystem,” Alden added.

Earlier, the staking service Lido Finance attracted $2 million for the development of Ethereum 2.0 infrastructure.

Earlier, DTAP Capital founder Dan Tapiero spoke about institutional investors’ interest in Ethereum and readiness of the digital asset to grow.

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