Bitwise CEO: Ethereum challenges Web2 and traditional finance, and the future market will value differentiated use cases of blockchain

ChainCatcher news, Bitwise Investment Company CEO Hunter Horsley stated that Ethereum is not actually a competitor to Bitcoin, but is challenging Web 2.0 and traditional financial service software. He predicts that in the next 6-12 months, the crypto market will move away from the notion that "all crypto assets are the same, only differing in market cap" and towards recognizing the unique use cases and opportunities of different blockchains.