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December 8, 2022
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Mark Cuban: ETH may still become more expensive –

Investor, billionaire and business mogul Mark Cuban recently spoke of a catalyst that could take the price of Ether to even higher levels.

Mark Cuban tweets about ETH

In its new one tweet The owner of Dallas Mavericks told his 8.4 million followers that Ether (ETH) has the potential to enter the business world even more.

The reason why ETH has the chance to expand even further is because we haven’t really seen business applications built on ETH smart contracts start showing up yet. When that happens, every company will have ETH knowledge that will change the rules of the game. But layer number 2 will also have an important role to play

– he wrote.

While there is no shortage of platforms competing for the title of the best smart contract protocol, the businessman emphasizes that the long-awaited platform upgrade – Ethereum 2.0 – will play a key role in maintaining Ethereum’s dominance in this field.

Buy ETH, not BTC!

Cuban, who turns out to be a huge supporter of Ethereum, said last month why investors should buy Ether instead of Bitcoin.

– [Bitcoin i Ethereum] they are actually platforms that make many things possible. But Bitcoin at the moment has really evolved to be primarily a store of value and it is very difficult to use for anything else. It becomes digital gold – argues. – You can use it as a platform that enables other things, but it takes a lot more [pracy], truth. It requires you to do all sorts of other things and [temu BTC] it works more as a hedge than anything else – added.

In his opinion on Ethereum “There are many more built-in tools.”

– The mere possibility of using smart contracts in an organic and native way is now a significant difference. That doesn’t mean there is no Layer 2 in Bitcoin, which you know creates new value and opportunities. But you really have to work a lot harder with Bitcoin than with Ethereum – He said.

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