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The year 2009 is indeed revolutionary in the crypto space. That’s primarily because it was Bitcoin’s birth year (a digital currency that competes against fiat money). As we all know, Bitcoin did more than creating a virtual asset; it helped technology innovators actualize the idea of blockchain technology. Leveraging the same technology, Ethereum, a platform for application development, came into existence in 2014. Fast forward to 2020, there are hundreds of cryptocurrencies in the market, with Bitcoin and Ethereum topping the crypto asset chart. But, which of these cryptocurrencies is a good bet in 2021?
Ethereum (or technically speaking, Ether – Ethereum is the blockchain the cryptocurrency is based on. However, the term Ethereum is nevertheless often used) may well be the best cryptocurrency to invest in in 2021, based on its recent rollout of the Ethereum 2.0 Phase 0 upgrade. At the same time, Bitcoin remains a vital investment avenue because of its unshaken number one rank in the crypto industry and growing adoption among enterprises/regulatory bodies.
Today, we will settle the classic comparison of Ethereum vs. Bitcoin through the following points: