Why Hedgeye’s Josh Steiner Is Bullish On Ethereum

08/17/21 10:59AM EDT

https://youtu.be/ixhf7hSdc_k

In Monday morning’s edition of The Macro Show, Macro & Financials analyst Josh Steiner discusses his (extremely) bullish views on crypto, specifically regarding Ethereum’s potential to outpace other coins.

“Ethereum is not only the leader in development, but also the fastest growing of any platform out there. It is also transitioning from a proof-of-work setup to a proof-of-stake. Ultimately that will alleviate a lot of the environmental concerns,” explains Steiner, as he hits on myriad factors begetting his bullish view on ETH.

“Ethereum is trying to rewrite the internet. They’re basically creating an entirely new platform to build a lot of the things that we consider the internet today.”

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