{"id":43134,"date":"2021-05-25T13:10:35","date_gmt":"2021-05-25T10:10:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43134"},"modified":"2025-08-31T02:19:11","modified_gmt":"2025-08-30T23:19:11","slug":"guggenheim-co-founder-says-ethereum-is-more-useful-than-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/guggenheim-co-founder-says-ethereum-is-more-useful-than-bitcoin\/","title":{"rendered":"Guggenheim co-founder says Ethereum is more useful than Bitcoin"},"content":{"rendered":"<p>The second-largest cryptocurrency is much more useful than Bitcoin due to the presence of smart contracts, said Todd Morley, co-founder of Guggenheim Partners and head of the blockchain project Overline.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Guggenheim co-founder and Overline chairman, Todd Morley, is building the world\u2019s largest <a href=\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\">#NFT<\/a> Museum. He speaks on <a href=\"https:\/\/twitter.com\/BloombergTV?ref_src=twsrc%5Etfw\">@BloombergTV<\/a><\/p>\n<p>More on <a href=\"https:\/\/twitter.com\/crypto?ref_src=twsrc%5Etfw\">@crypto<\/a>: <a href=\"https:\/\/t.co\/kW75EqfFSz\">https:\/\/t.co\/kW75EqfFSz<\/a> <a href=\"https:\/\/t.co\/Tkj9zonPFO\">pic.twitter.com\/Tkj9zonPFO<\/a><\/p>\n<p>\u2014 Bloomberg Crypto (@crypto) <a href=\"https:\/\/twitter.com\/crypto\/status\/1397062371772932099?ref_src=twsrc%5Etfw\">May 25, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another distinguishing feature Morley cited is the growth in the number of developers. In his words, this metric has risen for the sixth consecutive year.<\/p>\n<p>The co-founder of Guggenheim Partners also noted that price volatility is &#8216;typical for a young market&#8217;. Earlier the company&#8217;s chief investment officer Scott Minerd<a href=\"https:\/\/forklog.com\/en\/news\/guggenheim-partners-call-cryptocurrencies-a-bubble-amid-market-rout\"> called cryptocurrencies a bubble<\/a> after the May 19 crash.<\/p>\n<p>Overline (formerly Block Collider) is an interoperability protocol designed to connect different blockchains, including Bitcoin, with DeFi. <\/p>\n<p>The project, together with development company JDS, plans to build in New York a &#8216;blockchain tower&#8217; that will become &#8216;the world&#8217;s largest physical NFT museum&#8217;.<\/p>\n<p>As reported, Vitalik Buterin stated that<a href=\"https:\/\/forklog.com\/en\/news\/vitalik-buterin-warns-of-market-bubble-and-doubts-bitcoins-primacy\"> Bitcoin &#8216;risks falling behind&#8217;<\/a>, if it does not develop its technological base.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The second-largest cryptocurrency is much more useful than Bitcoin due to the presence of smart contracts, said Todd Morley, co-founder of Guggenheim Partners and head of the blockchain project Overline.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,46,2036,1138],"class_list":["post-43134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ethereum","tag-guggenheim-partners","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=43134"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43134\/revisions"}],"predecessor-version":[{"id":43135,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43134\/revisions\/43135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=43134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=43134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=43134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}