- Ryan Sean Adams recently showered his view for the second big player of the crypto ecosystem, Ethereum (ETH). With the help of Twitter, he exposed his opinion regarding Ethereum’s performance in this fluctuating market.
- According to him, BTC flagged as the digital asset will make fiat currencies outdated, whereas Ethereum as an ecosystem and Ether (ETH) as its currency committed towards its promises.
- The latest announcement shared by Adams on the social media platform says the largest Exchange Binance is creating its chain to take on Ethereum.
The Founder of Mythos Capital and a dedicated crypto-lover Ryan Sean Adams recently showered his view for the second big player of the crypto ecosystem, Ethereum (ETH)
. He shared his opinion on twitter regarding Ethereum’s performance in this fluctuating market.
ETH is not entirely dependent on the fiat system
According to Adam, ETH is not entirely dependent on the fiat system to perform well. It will benefit from the means of non-sovereign assets and will also help when the world doesn’t collapse.
One reason I like ETH:
It’s not dependent on a complete armageddon of the fiat system to do well. Don’t get me wrong, it would benefit from this as a non-sovereign asset. But it’ll also benefit if the world doesn’t implode
A peace-time asset
And a war-time asset
— Ryan Sean Adams – rsa.eth (@RyanSAdams) April 17, 2020
Adding to this, Adams finds ETH as a peace-time asset as well as a war-time asset.
Recently, Adams portrayed in a podcast about how the virtual currencies are digital alternatives of financially backed digital currencies like the US Dollar with the major role of Ethereum in that environment.
According to him, BTC flagged as the digital asset will make fiat currencies outdated, whereas Ethereum as an ecosystem and Ether (ETH) as its currency committed towards its promises.
Ethereum even end up with negative issues
The Ethereum supporter always comes up with his views and prediction for the prime coin. The latest announcement shared by Adams on the social media platform says the largest Exchange Binance is creating its chain to take on Ethereum.
Binance building its own chain to take on Ethereum
Wrote this months ago:
“The crypto banks and money protocols fighting for the same treasure. One permissionless the other permissioned. Irreconcilable differences.
And they’re primed to fight.”
— Ryan Sean Adams – rsa.eth (@RyanSAdams) April 17, 2020
According to him, the crypto banks and money protocols are fighting for the same treasure. Both of them pursue similar services, but the approaches vary.
Ryan has come up with the scarcity and value of Ether in his latest podcast, which he shared on twitter, saying Ethereum even end up with negative issues.
Ethereum *could* even end up with negative issue@TrustlessState explains
Listen to Episode #7:https://t.co/UCYhXIdqWq pic.twitter.com/VNkQ0oZhXN
— Bankless (@BanklessHQ) April 16, 2020
Adams is confident that Ethereum will uplift market capitalization in the future.