Kraken exchange has partnered with The Economist to ask students, from selected MBA programmes, about their preference between the two digital currency networks and why.
They were asked the question:
“You have $1 mln to invest across Bitcoin and Ether. You cannot touch your investment for the next five years. How much of that $1 mln do you invest in each? Why?”
Kraken CEO Jesse Powell explains in a video:
“This competition is an opportunity for you guys to learn about digital assets and to take what you’ve learnt and develop a profitable digital asset investment strategy. We’re asking you to help us answer a question that has been hotly debated in the industry over the last year. Which is the digital asset of the future? Is it Bitcoin or Ethereum or both? Bitcoin is almost ten times the market cap of Ethereum. But in the past year, the price of Ether has appreciated more than ten times compared to only about three times for Bitcoin. Ethereum has taken a strong second place at five times the market cap of any other digital asset beside Bitcoin. The two protocols have different strengths and weaknesses. You have to consider technical differences, project governance and community values among others.”
While
Prof. Ferdinando Ametrano, who currently teaches Bitcoin and Blockchain technology at the Politecnico di Milano, thinks that Bitcoin has a huge advantage over Ethereum, students’ opinions were split.