Don't be surprised if ether takes over bitcoin as the dominant digital store of value, Goldman Sachs says
Ethercould overtake bitcoinas the dominant digital store of value in the coming years, Goldman Sachs said in a Tuesday note.
- Ether "looks like the cryptocurrency with the highest real use potential," Goldman argued.
- "This competition among cryptocurrencies is another risk factor that prevents them from becoming safehaven assets," Goldman said.
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"Gold is competing with
"This competition among cryptocurrencies is another risk factor that prevents them from becoming safehaven assets at this stage," Goldman concluded. As of Tuesday afternoon, there are 10,772 different cryptocurrencies in existence, according to data from CoinMarketCap.
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