Ethereum is the main engine of the cryptoindustry - Opinion by Weiss Ratings

Anthony Pompliano, co-founder of Morgan Creek Digital, was quite critical of Ethereum, comparing cryptocurrency to fiat money. However, analysts of Weiss Ratings are not ready to agree with this position. Employees of the analytical agency, speaking about Pompliano indirectly, published a post on the social network that there are people in society who dare to compare the crypt with fiat money.

In response to this post, Pompliano stated that Ethereum does not differ in its characteristics from ordinary fiat funds, and in support of his words he cited the absence of fixed emission, constant surges in inflation and peculiarities of monetary policy.

Pompliano's opinion was supported by Udi Wertheimer, who claims that Anthony considered the issue in depth and therefore his statement is not unfounded.

It is worth recalling that V. Buterin, the developer of the ether, has previously said that digitalization of money is quite possible in the future.