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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Tanimariya on June 13, 2020, 10:43:55 AM

Title: Crypto Hedge Fund Managers: Ether More Like ‘Digital Tungsten’
Post by: Tanimariya on June 13, 2020, 10:43:55 AM
According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin's gold.
Two crypto fund managers say Ether (ETH) is neither a worthy asset for investors nor a great store of value.

According to a report posted June 11 by Steven McClurg and Leah Wald of Exponential Investments, Ether is a “risk-on asset” and not a reliable investment as many in the crypto community believe.

The crypto fund managers liken ETH to “digital tungsten” rather than the digital gold which Bitcoin (BTC) has come to be known as in some circles, in that the token is not stable enough against future purchasing power:
Read more info: https://cointelegraph.com/news/crypto-hedge-fund-managers-ether-more-like-digital-tungsten