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In the field of Crypto Assets, a debate about future dominance is intensifying. Andrew Keys, CEO of the global top Ethereum asset management company The Ether Machine, recently made a striking statement, saying that he has not purchased a single Bitcoin.
Keys further likens Bitcoin to an outdated landline phone, suggesting that its technology may be lagging behind. In contrast, he compares Ethereum to a modern smartphone, implying it has more powerful features and broader application prospects.
However, Keys' viewpoint is not without controversy. Although Ethereum has indeed achieved a growth of about 50 times since its launch at a price of $0.74 on July 30, 2015, Bitcoin's performance is equally remarkable. Over the past decade, Bitcoin has risen from $288 to around $118,000, a growth of 41 times.
It is noteworthy that if we extend the timeline further, the growth story of Bitcoin becomes even more astonishing. Starting from the same $0.74 point as Ethereum, the increase of Bitcoin would reach an incredible 160,000 times.
This discussion highlights the complexity of the Crypto Assets market and the competition among different digital assets. Although Bitcoin, as the first and most well-known Crypto Asset, still dominates, Ether is challenging this position with its smart contract capabilities and evolving ecosystem.
With the rise of new trends such as the tokenization of real-world assets (RWA), the future development direction of Crypto Assets remains uncertain. Investors and market observers need to consider a variety of factors comprehensively, rather than simply comparing short-term price performance.
Whether it is Bitcoin, Ethereum, or other emerging blockchain projects, their ultimate success may depend on their applications and adoption in the real world, rather than just speculative price increases.