Real Vision CEO Raoul Pal Takes Bullish Stand On Ethereum

Raoul Pal, CEO, and co-founder of Real Vision has taken a bullish stance on Ethereum. Staying true to past statements, Pal reiterated support for Ethereum, which he sees growing exponentially in the coming years. For Pal, the growth of Ethereum in comparison to Bitcoin is the greatest argument for its long-term success. This has led the CEO to stand behind the leading smart contracts platform in the crypto space. Ethereum Vs. Bitcoin Anyone in the crypto space now knows that there is a clear line when it comes to outperformance between the two top cryptocurrencies. Although bitcoin has brought massive returns for its investors, it has not done nearly as well as Ethereum in the same time frame. This has largely driven the argument of Ethereum “flipping” bitcoin. Related Reading | New York Mayor Says Cryptocurrencies Should Be Taught In Schools Pal does not seem to subscribe to the school of thought that is Ethereum flipping bitcoin but is bullish on the latter’s long-term potential over the former. He argued the value of Ethereum against bitcoin when the digital asset had first launched five years ago, showing that the altcoin has performed 100x against bitcoin over its five-year lifespan. For the Bitcoin Maxi’s: when ETH launched it was at 0.0007BTC. 6 years later, it is at 0.07. That is 100x vs BTC over the period you called it a shit coin. The whole Pfeffer argument of utility value goes to zero has been proven wrong du...