THELOGICALINDIAN - Multicoin Capital an Austinbased crypto barrier armamentarium backed by Andreessen Horowitzs Marc Andreessen and Chris Dixon Union Square Ventures and added VCs is continued on EOS EOS and Ethereum ETH but bearish on Litecoin LTC and Ripple XRP
Multicoin cofounder Kyle Samani told Fortune‘s “Balancing the Ledger” that his aggregation is afraid with EOS, admitting the negativity surrounding its mainnet launch. He explained:
Of course, abounding in the cryptocurrency amplitude would disagree with Samani’s sentiment, afterward the slew of abrogating news which followed EOS’ barrage on a near-daily basis.
It’s additionally account acquainted that Samani’s Multicoin Capital reportedly has a actual ample pale in EOS.
Samani additionally likened EOS’ afflicted barrage to that of Ethereum’s — the belvedere aloft which EOS was built. He stated:
Still, Samani doesn’t abjure Ethereum’s advance in the cryptocurrency space. The second-ranked cryptocurrency by bazaar assets has appropriately far remained allegiant in the face of competitors, and Multicoin’s cofounder noted:
Samani’s bullish affect does not extend to Bitcoin’s little brother, Litecoin. In fact, he believes Litecoin has no abode in the market, stating:
Indeed, Litecoin has struggled to abide accordant afterward the announcement and consecutive cancellation of acclaim card-like acquittal processing account LitePay.
Samani additionally suggests council bright of Ripple, as he believes it is absolutely a security, noting:
Ripple’s Brad Garlinghouse has adamantly denied the claims that XRP is a security.
What do you anticipate about Samani’s statements? Do you anticipate EOS can balance from its afflicted launch? Is Ethereum the best abiding investment? Does Litecoin accept a purpose? Is XRP a security? Let us apperceive your thoughts in the comments below!
Images address of Shutterstock.
