If you talk about people and ask them about their opinion about what’s the best investment you can make these days, a vast majority of them will say cryptocurrencies. At the same time, many make the mistake of believing that Bitcoin is the only choice they can make in this regard. But when you take a look at the market, you will see that there is a plethora of different choices you can make.
That doesn’t mean that all of these options will be good for investment. Taking a look at all of these would be a waste of time since there are too many of them. To make this process much easier, you should take a look at some sources where you can learn more about the newest trends in the market.
If you are interested in taking a look at one of the reputable sources, be sure to check this site. There is one particular cryptocurrency that has attracted a lot of attention in the last couple of years. We are talking about Ethereum. Let’s see why you should opt for this one instead of Bitcoin. Without further ado, let’s see why you should opt for this sort of investment.
1. It is Eco-Friendly
The first entry on this list of ours is a topic that has become quite attractive recently. We are talking about eco-friendliness. For instance, we can see that Elon Musk was the first person that talked about eco-friendliness within the concept of cryptocurrencies. We can see that Ethereum is much more, let’s say, green than practically any other on the market, including BTC.
When you take a look at BTC, you will see that the creation of blocks is something that uses a lot of power. However, we can see that Ethereum has suffered massive change because of the criticism that has become quite frequent, mainly from Elon Musk. We can even see that one of the creators of Ethereum, Vitaly Buterin has confirmed that this process is already complete.
2. A Different Goal
When it comes to the goal the cryptocurrency wants to achieve, we can see that these two currencies have completely different ones. What needs to be said about ETH is that it has its network, which is used for creating applications on this foundation. We can even see that a lot of different digital currency tokens are generated through using this network as a foundation in most cases.
Some experts even say that these two have the same idea, but they are used for completely different things. However, one of the strongest points with Ethereum is its infrastructure. Plus, we can see that transactions made through the ETH network have a completely different modus operandi than transactions made through BTC and any other crypto on the market. We can say that it is unique, with utmost assurance.
3. More Potential
While we can see that many people have a hard time understanding that ETH has more potential than BTC. We completely understand this because BTC has a much higher value.
However, many people forget that these two didn’t have the same starting point. Not only that, BTC exists much more than ETH. But we can see that Ethereum’s network is much more developed than Bitcoin’s.
When you take all of these factors into consideration, you will see that these claims have a high percentage of truth. If you take a look at some expert articles on BTC and its network, you will see that their system has been upgraded too much. But when you take a look at Ethereum’s, you will see there was a plethora of modernization of its network. Not only that, we can see that adoption is on the same level as Bitcoins. All of these indications say that we can expect much more from this one.
4. Low Inflation Risk
One big difference between these two is that ETH has one big advantage. We are talking about low inflation risk. It means that the value will not fluctuate as we can see in the case of other cryptos and a lot of fiat currencies. A reason why this is possible is the inflation plan. It doesn’t matter how unstable the situation is on the market, you will see that the price will be more stable.
Since the foundation for all digital currencies out there is the blockchain system, and we know this is infinite, chances of deflated value are rather small. We are talking about a guarantee that you will have a chance to keep your investment stable, which is more than a wide array of different options can provide you with the same. It is one of the strongest reasons why you should invest in ETH.
5. More Development
Last but not least, we would like to talk about more development that has been done in Ethereum’s network. Not only that, we can see that this system has had much more activity than any other network on the market in the last couple of years. The official name of this system is Ether. However, experts are more comfortable using the same name of the digital currency. It is a significant reason why you should opt for this one. At the same time, we can see that this system has much more repositories than Bitcoin’s.
When you see the numbers, you will be surprised. ETH has almost 250, while BTC has only 4. What are repositories? These are folders where developers from all over the world collaborate through this medium. It means that developers are more interested in ETH than BTC, it is as simple as that.
The Bottom Line
Even though cryptos are now highly popular, we can see that the highest percentage of traders still don’t know too much about the concept. In this article of ours, we’ve opted for a couple of reasons why Ethereum is a better choice than any other digital currency on the market, particularly Bitcoin. We are sure you will use all of these reasons quite useful in making this sort of decision.