Bankless cover image

Fidelity's Bull Case For Ethereum

Bankless

The Demand and the Network Effect of Bitcoin

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The demand and network effect of Bitcoin set it apart as a store of value and medium of exchange, attracting users due to its first-mover advantage, established narrative, and scarcity. Despite Ethereum's deflationary features, it lacks the same level of demand and network effect as Bitcoin, making it less compelling for investors seeking a store of value.

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