Can Ethereum possibly overtake Bitcoin in market cap?Former Goldman Sachs fund manager and macro-economist Raoul Pal thinks so. So does \u201cBitcoin Jesus\u201d Roger Ver who mentioned it back in 2018. The Blockchain Center also believes in this and that it is already going in that direction. Bitcoin maximalists might frown reading this.If you look at the cryptocurrency market in early 2021, Bitcoin has a majority market dominance with a market cap of over $500 Billion. Ethereum trails behind in second place with $100+ Billion. Bitcoin maximalists predict BTC will hit a market cap of $1 Trillion and become more valuable than gold. If that is the case, how can Ethereum surpass Bitcoin? It can actually be explained based on the trends and the potential the Ethereum ecosystem has in bringing more liquidity and capital investments.Although Bitcoin and Ethereum both use cryptocurrency and blockchain technology(BTC and ETH respectively), they are not the same. Bitcoin\u2019s purpose is becoming more of a store of value like a bank, while Ethereum is a world computer platform for decentralized applications. Ethereum is becoming more of a transaction and settlement layer.Ethereum 2.0 aims to deliver on scaling and performance improvements to support a growing ecosystem. The Ethereum blockchain is being utilized in decentralized finance for providing liquidity, trading, and exchanges. There is a more heightened activity with ETH because of the vast ecosystem developers have built on the platform. Bitcoin does not have such platform in place, and it is not possible to build applications on top of Bitcoin like with Ethereum.If the blockchain started the revolution in finance, Ethereum was an innovation that resulted from it. Both BTC and ETH utilize blockchains, but Ethereum introduced programmable money through smart contracts. This has been the main feature that gives Ethereum so much potential, but scalability has\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Can Ethereum possibly overtake Bitcoin in market cap?Former Goldman Sachs fund manager and macro-economist Raoul Pal thinks so. So does \u201cBitcoin Jesus\u201d Roger Ver who mentioned [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3195"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3195"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}