Bitcoin Forum

U.S. multinational investment bank Goldman Sachs thinks the native crypto of the Ethereum blockchain has what it takes to unseat bitcoin as the dominant store of value crypto.

According to a report by Business Insider on Tuesday, the bank believes ether‘s use cases currently possess the highest “potential,” being the most popular development platform for smart contracts.

Read more: https://www.nasdaq.com/articles/ether-could-overtake-bitcoin-as-store-of-value-goldman-sachs-says-2021-07-07

The current supply of bitcoin is making me doubt the that ETH will surpass bitcoin, isn't the fixed supply of Ethereum much higher compared to bitcoin meaning that when there's much more to go around means that the prices are much lower unlike bitcoin that has a lot of lost or dormant coins.

ETH is just vaporware, no supply cap, sold as (pre mined)  ICO - most like a non registered security - as even pointed out in the actual xrp / Ripple case from SEC and with lots of other issues.

I wonder why the risk & compliance guys within GS can even speak about that rubbish / damage to reputation is done (or they are bag holders position speak)

when they say about real use cases of ETH they are referring to the ICOs that they were a failure and that the scammers took a lot of advantage to steal other people's money. honestly it looks like they are saying this because they bought some ETH and want the price to go up a lot to make a profit. in a few months they will say the same thing about bitcoin or some altcoin that's why I don't care about this kind of articles