I reason strategist and investment guru Lyn Alden isn't invested in Ether is she considers the Ethereum network an "unfinished product" when compared with Bitcoin.

Alden'south economic assay of Ethereum released today compares the smart contract network to the Concorde jet: functional as it has "a ton of smart developers working on it," simply unlikely to become an economically sustainable projection in the long run. She ran down some of Ethereum's main features every bit evidence of her assertion, calling the use-case of many decentralized apps "circular and speculative."

In addition, she said the network's nodes are more likely to be at risk of a centralized set on "if in that location were to be some government crackdown on third-party node services." Alden said regulators wouldn't "necessarily bring down Ethereum" simply could finer threaten the use-example by making the apps harder to run.

Alden summarized her thoughts on Twitter:

"Ethereum could indeed do very well over the next year in terms of toll, just as long as it's transforming its base layer, it remains a speculation in alpha development, rather than a finished/stable production."

On the other hand, the investment guru said that Bitcoin (BTC), with its fixed supply of 21 one thousand thousand coins, didn't have the "arbitrary budgetary policy" of Ethereum in add-on to saying there was a "cultural carve up" between the 2 networks.

"Ethereum attracts more of a gamer culture, and more experimentation," said Alden, pointing out that some of the projects built on the network had resulted in failure. "Perhaps in another 5 years when Ethereum 2.0 is in place and functioning for a while, with consistent monetary policy for that whole fourth dimension, it can be considered largely a finished project similar Bitcoin. Until and so, information technology's experimental."

Final year, Alden said she became "quite bullish" on Bitcoin given its scarcity, halving, and potential of the crypto asset to act as a backdrop to inflation. She added in her analysis of Ethereum that she preferred Bitcoin for its "run a risk/advantage opportunity" claiming that for all the coin'south price volatility, at that place was an "upside potential."

"[Bitcoin] doesn't move fast and break things like many altcoins do, but it moves slowly and has a tendency to get things right," she said. "The more ideas and innovations that popular upward in the broader digital asset manufacture, the more Bitcoin developers have to work with for their protocol and ecosystem."