Mark Cuban said that Ethereum is a better store of value than Bitcoin. Chatting with host Laura Shin on her Unchained podcast Cuban said Ethereum’s versatility makes it a more compelling prospect in his eyes while Bitcoin is apart from being a store of value. provides very little else, at least layer 1.
Flexibility makes Ethereum become a better store of value
While Bitcoin is almost 5 times the market cap of Ethereum currently, that doesn’t necessarily mean that Bitcoin is 5x better. Some people, including Mark Cuban, say that Ethereum makes for a better choice between the two regardless of the large difference in market cap size.
According to Cuban, the reason is because Bitcoin’s utility is inferior to that of Ethereum. He pointed out the fundamental difference related to smart contracts or the lack of top cryptocurrencies:
Instead of arguing, Cuban believes that makes Ethereum the better choice as a store of value. To justify this claim, Cuban mentioned Ethereum Improvement Proposal (EIP) 1559, as well as ETH 2.0 as a reason for investors to buy ETH instead of Bitcoin at this point. He noticed: