‘Bitcoin Jesus’ Believes Ethereum Will Drive Global Adoption, Not BTC

The cryptocurrency space has attracted a diverse range of individuals who have entered its ecosystem. Given the increasing popularity of the industry, growth in the crypto population is an expected outcome. However, it is worth acknowledging that those who were among the early participants played a significant role in shaping the current state of the cryptocurrency world. One such influential figure is Roger Ver, famously known as Bitcoin Jesus.

Ver was initially a Bitcoin advocate. However, he transitioned to Bitcoin Cash [BCH]. While BCH has maintained a rather low profile amidst the advent of newer crypto assets, Ver was seen exhibiting support towards several other networks. During his latest appearance on the Show Me The Crypto podcast, Bitcoin Jesus was seen lauding Ethereum [ETH].

During the podcast, Ver highlighted the Ethereum network as the focal point for significant activities within the cryptocurrency space. Despite the scaling challenges faced by Ethereum and the emergence of alternative layer-one blockchains, Ver emphasized that Ethereum remains at the forefront. He further recognized the presence of “clones” inspired by Ethereum’s success. However, he expressed the view that Ethereum continues to be the primary hub for innovation and development in the crypto industry. He added,

“Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.”

Backlash incoming?

Contrary to the prevailing rivalry among various networks in the crypto ecosystem, Ver’s recent comments challenge that notion. It is worth noting that this is not the first instance where Bitcoin Jesus has shown admiration for a different network. In the past, he expressed support for Virgil Griffith, a member of the Ethereum research team, who faced legal issues after his visit to North Korea resulted in his arrest.

Sanctions are an act of war.
People enacting sanctions are waging war.
People opposing sanctions are opposing war.#FreeVirgil #NorthKorea #USA https://t.co/1HuW535OyU pic.twitter.com/wQKWMKnDHu

— Roger Ver (@rogerkver) November 30, 2019

During an interview with Bloomberg, Ver made a notable statement asserting that Dogecoin was better than Bitcoin. He said,

“Dogecoin is significantly better. It’s cheaper and more reliable.”

Ver has been embracing several other networks over the years. Therefore, Ver’s latest statement about Ethereum isn’t surprising. Nevertheless, he might still be prone to backlash. Further speaking about the “civil war” between Bitcoin devs and Ethereum Co-Founder Vitalik Buterin, he said,

“All of that [smart contracts] would have been built on top of Bitcoin if not for the scaling civil war that happened. These Bitcoin core developers hate Vitalik, and they basically drove him from the project to go and create Ethereum, and more power to him for that.”

Are BRC-20 tokens bringing no benefits to the Bitcoin ecosystem?

The introduction of Bitcoin Ordinals and BRC-20 tokens sparked a surge in network activity for Bitcoin. These assets, inspired by ERC-20 tokens commonly associated with Ethereum, generated significant excitement within the cryptocurrency community. Notably, the number of Bitcoin Ordinals recently surpassed the milestone of 10 million. However, despite these notable developments, Ethereum continues to maintain its superiority in the same domain.

Ver’s latest statement affirmed the strong enthusiasm surrounding Ethereum and its potential to drive adoption in the crypto arena. Despite the emergence of Bitcoin Ordinals and BRC-20 tokens, Ver’s perspective indicated that Ethereum maintains its superiority in terms of adoption and network activity.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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