Currently, many people know about Ethereum as the next Bitcoin – and a cryptocurrency with a massive potential of increasing in value.
If you are wondering just how highcan go, well so am I. Last year was a great success for Ethereum and it is now number two cryptocurrency by market cap. Ethereum has high almost unlimited adoption potential in the time ahead. If bitcoin is called the ‘’digital gold’’ then Ethereum certainly is a digital revolution. Ethereum allows you to build an unlimited number of utilities on top of it. Because of this, Ethereum is one of the best candidates to possibly overtake bitcoin one day. Let’s make it clear though, I am not saying it will happen just that there is a possibility.
Why is this a chance? Well, mostly because of politics. While bitcoin is classified as currency and it is in a position to compete with governments who mine their own currencies, Ethereum avoids this dynamic in the first place. Ethereum also avoids legal and any regulatory issues. Now of course, this is just a possible scenario but it does, however, show thatcan have some major success in the long-term, we just have to wait and see how the project takes off.
Image Credit: Descryptive.com
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