What are the investment attributes and future trends of Bitcoin and Ethereum?

Bitcoin and Ethereum can be said to be two representatives of the blockchain world.

Bitcoin is more of an attribute of carrying equivalents and storing value, and it is currently the most successful application of blockchain technology.

Some people think that Ethereum is Bitcoin 2.0. The fundamental difference between Bitcoin and Ethereum is that Ethereum is Turing complete, and more complex calculations can be completed through smart contracts, and blockchain technology is applied in practice. This determines the difference in investment attributes between Bitcoin and Ethereum.

Bitcoin is more like gold in the traditional financial field. A large number of miners guarantee the transfer and network security, and maximize the electronic properties, so that Bitcoin has attributes that are naturally superior to gold, such as portability, divisibility, and low transaction costs.

Ethereum, on the other hand, is more like a giant Internet technology company, with the most professional developers and the most cutting-edge technology direction. At the same time, due to its strong developer community, it has formed a network effect. Most public chains and consortium chains use the underlying technology of Ethereum.

Due to the huge number of users of Ethereum and its market value of more than 15 billion US dollars after Bitcoin, more developers are willing to develop applications such as Dapp and Defi in the ecosystem of Ethereum, which consolidates Ethereum's position as the "No. 1 blockchain" in the blockchain world. One public chain" status.

Therefore, compared with Bitcoin, the investment value of Ethereum depends more on whether it is used by anyone, and how much value it will bring to the industry and society.

Speaking of the future trends of Bitcoin and Ethereum, each has a different development path.

With the rise of compliant exchanges such as Bakkt, Bitcoin will carry larger traditional financial funds; as the market becomes more effective, the approval of future ETFs (open-ended index funds) will also open up huge capital entrances for investing in Bitcoin. Fully capture the value of this part of the store of value.

Ethereum is more like a beacon of blockchain technology. With the arrival of ETH2.0, Ethereum will most likely open up a new path for the underlying technology of blockchain.