Bitcoin After the Ethereum Merge: Experts Weigh In

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Will the EthereumMerge be good, bad or indifferent for Bitcoin? FrederickMunawa reports.

noted on CoinDesk TV Wednesday, “Bitcoin’s hashrate is hitting an all-time high. To me, it reveals a stark choice right [involving] this simple, secure coin that’s probably going to be around forever. And then the Ethereum thing is more of like a fantastic growth story that has lots of potential but much more – many more – risks, in my view.

Another key issue surrounding the Merge is the fate of Ethereum’s proof-of-work forks . Will they capture a significant chunk of Ethereum’s market share or will they become irrelevant? “I just don't think at the end of the day that there's going to be enough support for [Ethereum] proof-of-work anymore,” Di Iorio told CoinDesk.

 

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