Ethereum 2.0 Is Casting Big Doubts on ETH’s Value as an Investment: Fund Manager

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Over the past few weeks, there’s been a strong uptick in excitement about the Ethereum 2.0 upgrade. The excitement is surrounding the improvements the upgrade is expected to have on the Ethereum blockchain. At Token2049’s Ethereum Asia Supermeetup in March 2019, the blockchain’s enigmatic founder Vitalik Buterin told a crowd on the upgrade: “[It is] a way to bring technical improvements, like PoS and sharding, together to improve the Virtual Machine, Merkle Trees, the efficiency of the protocol, and a whole bunch of small technical things that you have never heard of.” While there are many expecting the upgrade to prove the investment case for Ethereum, one fund manager is arguing the opposite. Ethereum 2.0 Could Diminish the Crypto’s Investment Potential Kelvin “Spartan Black” Koh of The Spartan Group — a crypto-asset investment firm and advisory based in South-East Asia — said that he is currently more bullish on Bitcoin…

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