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Author Topic: Christensen, founder of Maker DAO Optimistic about Ethereum 2.0  (Read 3191 times)

Offline S.coastapps

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Christensen, founder of Maker DAO Optimistic about Ethereum 2.0
« on: December 09, 2019, 09:04:42 AM »
After a few influencers pointed out similarities Bitcoin and gold, the term digital gold has been utilized on crypto. Some idea that this examination is great to see bitcoin as digital gold. While some others believed that was resisting the way that bitcoins use case advanced money.

Christensen expressed that both the digital currencies bitcoin and ethereum can possibly get advanced gold. Nonetheless, considering the past records of bitcoin, he proposed that ruler coin had imagined diversely to incorporate the records that Defi and stablecoins are doing today.

Source: TheCoinRepublic

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Christensen, founder of Maker DAO Optimistic about Ethereum 2.0
« on: December 09, 2019, 09:04:42 AM »

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Offline Alcor

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Re: Christensen, founder of Maker DAO Optimistic about Ethereum 2.0
« Reply #1 on: December 09, 2019, 05:46:42 PM »
Bitcoin and ethereum are hardly worth comparing with digital gold. Gold symbolizes high price stability. Any decentralized cryptocurrency, on the contrary, is characterized by huge price volatility. Moreover, the price volatility of the cryptocurrency is so large that it is very problematic to use it as a means of payment.
We are now awaiting the results of introducing improvements to ethereum called Istanbul, as well as the beginning of next year, Ethereum 2.0. Of course, they will not solve the problem of price volatility, but the overriding problem of scaling should.

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Re: Christensen, founder of Maker DAO Optimistic about Ethereum 2.0
« Reply #1 on: December 09, 2019, 05:46:42 PM »

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Re: Christensen, founder of Maker DAO Optimistic about Ethereum 2.0
« Reply #2 on: December 10, 2019, 05:11:22 PM »
Bitcoin and ethereum are hardly worth comparing with digital gold. Gold symbolizes high price stability.
Yes, they must be not to compare. They have different characteristics. Gold is surely stable in its value, while crypto coins have high volatility. However, I think it is not only a bad thing by having volatility. It also means to create a chance of gaining bigger profits.

 

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