tldr; Tom Lee, chair of BitMine, suggested that Ethereum could surpass Bitcoin’s market share, likening it to how US equities overtook gold after the US abandoned the gold standard in 1971. He believes Ethereum’s potential lies in the tokenization of assets like stocks and real estate on the blockchain, similar to how the US dollar gained dominance. While the idea of Ethereum flipping Bitcoin has been debated for years, Lee remains a Bitcoin supporter and views this as a working theory.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
AlexNumbers on
I remember the flippening…
Malixshak on
This is a tough route but anything is possible in crypto
4 Comments
Skeleton in a chair meme waiting
tldr; Tom Lee, chair of BitMine, suggested that Ethereum could surpass Bitcoin’s market share, likening it to how US equities overtook gold after the US abandoned the gold standard in 1971. He believes Ethereum’s potential lies in the tokenization of assets like stocks and real estate on the blockchain, similar to how the US dollar gained dominance. While the idea of Ethereum flipping Bitcoin has been debated for years, Lee remains a Bitcoin supporter and views this as a working theory.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I remember the flippening…
This is a tough route but anything is possible in crypto
!tip 1