Bitcoin

As the fall months of the year give way to winter, at least in the northern hemisphere, many cryptocurrency investors are dreaming of their favorite currency Bitcoin rising in price to 20,000 USD or more. It is like we are children laying down to sleep on Christmas Eve with dreams of sugar plums and toys dancing in our heads. And true enough all the news seems to indicate that Bitcoin has incredible upward momentum, and with #breakouts here and #resistance-holding there. All the various types of investors and Cryptocurrency Pundits seem united in one song of Bitcoin rising to greater heights. But I ask you... what of Ethereum?

Ethereum

As the Ethereum blockchain is the current favorite of both DeFI investors, and smart contract developers we see an incredible amount of development and new platforms being developed on the Ethereum blockchain. Plus many non-crypto enthusiast are moving their money from traditional stock, bond, futures and precious metals markets into Decentralized Finance. So we are seeing many billions of dollars flowing into Decentralized finance, and most of those DeFi platforms are on the Ethereum blockchain. It could be said that just like location is a very important component of value in real estate, a use case is very important component of value to a cryptocurrency. And Ethereum has some very popular use cases. In fact, when I read criticisms of Ethereum block chain for slow transaction times and rising gas fees, I smile and think these criticisms have validity, but these things, like all things in life, are relative.

We should consider that transfer times considered slow by newer blockchain standards are very fast for traditional finance> When I wire money across the City or my State it takes 2-3 business days. If I wire money to another Country
it could take a week. The cost of these transfers is frequently 50 to 250 USD. So while transactions that take a long time 20-30 minutes or even an hour or two, along with gas fees of 4-60 dollars are much faster and much cheaper then traditional ways of moving money outside blockchains. So to me the continued rise of commerce on Ethereum is a sure bet for now, barring some other cataclysmic event. Ethereum seems to be on the steady rise and its performance this year is said to be better than Bitcoin, by some sources. So in the face of it's dominant use case and increasing price. I ask you to consider, which of the two is truly the best investment?

The numbers

I could quote my personal recollections of my investments this year and tell you they are the gospel truth, and proof of Ethereum's superiority. But that would be true for me, based on my entry point and the performance of Ether since I invested. Some who invested in Bitcoin before me would argue to the contrary, as based on their entry point, their Bitcoin investment is outperforming my Ethereum investment, and according to some, by a great deal.

Its not a zero sum game

I think the truth is that Bitcoin is a very good investment, and I think Ethereum is also a very good investment. Perhaps there is room for two very good investments, and perhaps depending on how much capitol you have to spend right now, Ethereum may be better for some of us? So now I have opened up Pandora's box... and look forward to other peoples opinions and reasoning on this subject.

What do you think is the best investment? And Why?

@shortsegments

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