“Ethereum will overtake Bitcoin,” says celebrity businessman
Ethereum better for new apps
O’Leary explained that the euphoria in the crypto community has shifted dramatically from Bitcoin to Ethereum over the last two months, which is now being fueled by much optimism.
“By the way, the dialogue I’ve noticed on bitcoin over the last 60 days has dramatically changed. It started to sound like the pioneer with arrows in its back because people are saying its not the definitive platform anymore. Maybe Ethereum is becoming the new platform. All of the sudden, Bitcoin? What’s Bitcoin? That is not good for Bitcoin investors. Just a personal opinion, but iwere long Bitcoin right now, I would start to worry about it,” O’Leary said to CNBC.
The statement is based on the fact that decentralized applications (DApps) will play a significant role in the coming years. Ethereum provides the leading platform for this.