31 Aug Venture capitalist Bill Gurley prefers Ethereum over bitcoin and has a personal opinion on ETH
Venture capitalist Bill Gurley took a personal stance on Ether because he “was involved in the arguments of the Ethereum crowd.” He explained that this is “the smartest way to play if you are about to face cryptocurrency.” Ethereum bitcoin price Stock
Bill Gurley Prefers Ethereum to Bitcoin
Bill Gurley, general partner of Benchmark, a Silicon Valley-based venture capital firm in San Francisco, California, shared his views on cryptocurrencies in an interview with Bloomberg last week and began by admitting that he is late to crypto because of his focus on real-time listings. and did not spend much time on this topic until April this year, when he spent quite a lot of time on this topic to read about cryptocurrencies.
I must say that I was influenced by the arguments of the Ethereum crowd, and therefore I took a personal position. Without specifying how much he invested in ETH, the venture capitalist stressed that the investment is personal and not for his company.
“I was influenced by the Ethereum crowd,” he repeated. “The related part seems a lot more pragmatic. They seem to be open to change and are essentially making various changes, which I think will lower fees and be very relevant. The developer community is clear.
Obviously in the Ethereum sector.
I think the ESG [environmental, social and governance] benefit when they get to the bitcoin proof of stake. It seems to me that this is the smartest way to play if you are about to face cryptocurrency.
Ethereum bitcoin price Stock
Gurley explained that he is not a maximalist and does not claim that everyone should have access to cryptocurrencies. Cryptocurrency revenues come from dogecoin (DOGE) The venture capitalist says it’s not a robust business model, adding that he sees Robinhood more as a casino than an investment platform.
Discloser :-
Litecoin
Polkadot
Dogecoin
Ripple
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Tron
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Bitcoin
Ethereum
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