Samson Mow Takes a Swipe at Ethereum and XRP
Samson Mow’s Controversial Statements
Samson Mow, the CEO of investment firm Jan3 and a well-known Bitcoin advocate, has sparked controversy with his recent comments on alternative investment assets. In a surprising move, Mow took subtle jabs at Ethereum and XRP, drawing attention to the ongoing debate about the superiority of different cryptocurrencies.
Mow’s Analogy
Mow compared Silver to Gold, calling Silver the “poor man’s Gold.” This comparison reflects the perception that those who find Gold too expensive often opt for Silver. Similarly, Mow deflated Ethereum’s status by labeling it the “stupid man’s Bitcoin,” causing a stir within the ETH community.
Bitcoin vs. Ethereum
When comparing the market cap and price differentials of Bitcoin and Ethereum, it’s clear that Bitcoin holds the upper hand. With Bitcoin’s market cap at $809,923,408,001 and Ethereum’s at $297,575,053,741, and the price difference of $41,344.01 to $2,476.66, it’s evident that Bitcoin is the more valuable asset. Despite Ethereum’s advancements, Mow’s criticism has reignited the age-old debate about the two cryptocurrencies.
Is XRP Next?
When asked about his views on XRP in comparison to Ethereum, Mow expressed uncertainty, hinting at the complexity of the situation. His unwavering faith in Bitcoin’s potential to reach a $1 million price target has also cast doubt on his stance on XRP and Ethereum.
This article was originally published on U.Today
