Trick or Treat: Which assets will rise from the dead?
Many Happy Returns
00:00
Ethereum vs Bitcoin
One of the big risks I think when you've looked at any cryptocurrency is political risk and regulation risk. Now this move from proof of work to proof of stake, just overnight, dropped the consumption of energy by the Ethereum network hugely. So that's a big deal and potentially lowers the relative regulatory risk of ETH versus Bitcoin. But as it's a cryptocurrency, I'm still classing it as a trick. And if interest rates remain high, which they will for some time, Ethernies are really going to struggle - so will other cryptocurrencies.
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