Biometric financial(biofi) $BioFi is launching an intentionally designed 4G phone for the huge African Market that is loaded with high end options and Biometric security built in. SUper Bullish
Facts matter. Blackrock ETF, JP Morgan, 5k of the most autistic developers in crypto, institutional adoption, highest TVL, non security, NON modular, highest level of security in blockchain (more than even btc), Manhattan vs Detroit…. The choice is clear by a freakin long shot. …SOL is a gimp coin made for normies and noobs who can barely afford rent let alone a 2 dollar Ethereum trade…. I don’t even have to watch the video to know which is the superior crypto. It’s ETH.
I prefer Solana. Faster, cheaper, less complicated. ETH is a dozen layer 2’s I have to deal with to get anything done p2p without loosing half the funds to gas.. the fastest, cheapest, easiest chain that is reasonable secure/decentralized wins for me.
Faster and cheaper... and more susceptible to being overrun with bots and being attacked... which it has several times over. Don't worry though, if it gets popular enough they'll have no choice but to raise fees. Or they can just keep shutting down the network for day or two to fix it cause it's nice and centralized.
It would be even better if they gave accurate information 😂 Solana is way faster and cheaper and way easier to build on these are all facts that can be researched @ investanswers ..James will give you correct information and back it up with facts !
ETH was my first love in the crypto space, and I learned about SOL years ago by watching this very channel. Recently I sold my ETH for SOL on the potential that I see in the next bull run for SOL. I'm wrong more often than I'm right, but I do believe that SOL will gain more in the next/current bull market than ETH, and I make more interest holding SOL in my own self custodied wallet too (which is Exodus...and I also learned about it on this very channel). Thanks for a great video!
@@davidk1217- I literally obsessed over that decision for weeks, but am absolutely over the moon with joy that I did. Thanks for your response, which brought me a smile. I don't time much right in the world of crypto (when I try to get tricky), but I'm very happy about this move. I only win for sure when I DCA, which is my normal style of investing.
Eth was my second biggest bag behind BTC. A year ago I traded for Sol. A couple of weeks later I put 25% in Render, 25 % in Injective Protocol. Today my Sol bag is 3 times my BTC bag and my Render is catching up with BTC. It is like a horse race watching my crypto.
Well done brother, I have done the exact same. But make your SOL work more, put them into LSTs like INF on Sanctum. You farm an airdrop (probably we see their token end of june) and you get 8% APY on your LST
I believe ETH will continue to lead the space right behind BTC. I also believe ICP will enter the ring as a crypto with a myriad of utility and tech while creating the Web 3 space.
Comparing Ethereum and Solana is like apples and pears Besides the fact that Ethereum is much more secure and decentralized ( thats why we choose crypto after all) You didn't mention the fact that etf is going to come to eth, which should increase institutional adoption but great video
How do you say this is an unbiased comparison when ignoring gas fees? The main reason people switch from ETH to SOL is ETH gas fees are ridiculously high and a waste of money.
True but it always works. Honestly both need to be fixed. Both have major faults that don’t make them super adoptable/usable by major players such as corps. Honestly for crypto to become a dominant feature in our daily lives, both are no good.
Because you are meant to use layer 2s with low gas fees, until L1 gas fees come down. However, im not sure they ever will go down, unless people abandon it
ADA is the peoples coin, most decentralized and highly censored by the elites for this reason , look into it .. why do they all hate cardano ... because it is the ultimate threat to the venture capitalist bags
Using programming language analogy, Ethereum is like Python, while Solana is Rust/C++. Today all those programming languages coexist. So it's not really about who will win. However, in terms of price/value/usage, it's likely critical/high volume Dapps are more likely to be grow on Solana. All the L2s fragment security/UX/value/....it's not great.
@@Obeywulf ADA isnt completely decentralised as the team got 11% at the beginning, none of these three are. if you look at KAS thats as decentralised as bitcoin and faster than sol. KAS is better than all 3 in my opinion.
Could you please do an update on Polkadot? It's such an interesting project, having the second most developers of the L0/L1s, working throughout the whole crypto winter, Gavin Wood as lighthouse figure, living the decentralized culture with their governance project, having developers, small investors and whales (like Giotto) really caring about the project? I feel like they are doing such amazing work and get left-behind by the "marketing stars" in Eth, Sol, etc.. Also Polkadot 2.0 just came!
@@johnbai4715Hey now, I use both. I have been forced to use SOL and am thinking crap, it’s here to stay. Love how I have barely used it and got impacted by downtime. This was so confusing to me, I have used so many chains and never experienced it before. I’m biased against SOL. I think there are better options but it’s just so dominant for projects that require a lot of transactions. For now, better options have already been built.
While I agree on ETH fees outrageous It is mind blowing to have downtime on SOL. I have used so many chains over the years and never experienced it. Both of them need to get their crap together. Honestly best experience I have ever had on a chain is maybe Polygon, post bridging!
Quick correction, neither of these are decentralized. Just because the code runs in different locations, aka nodes are distributed, doesn't mean it's decentralized. If it only takes a handful of individuals to change the entire protocol, it's not decentralized. The decision making process is almost entirely centralized. Ethereum's monetary policy can be changed quite easily, and that's been demonstrated because they've done it many times. That should be a massive indication that it is not decentralized.
Yeah he definitely encouraged his followers to Hold when it topped out and then to sell the Very bottom. Don't forget the way he promoted Terra Luna lol
The node runners can object however. If they don't like the changes, they don't have to update the code running on the node. Happened in the early days of Ethereum.
Great video, Guy. One question: "Solana's biggest selling point is speed and affordability" but I used Cosmos the other day for moving ATOM around with Keplr and Osmosis and to an exchange and it happened faster and cheaper than when I move things around on Solana's network. So how come I don't hear more about Cosmos? Are there decentralization concerns or something I'm not seeing that's stopping it from being a competitor with Solana and ETH?
Cosmos can have fast transaction speeds right now because it’s barely getting used by real users. If Ethereum had like 10 users, it would also be as fast as Solana. The real test is how it scales. It’s not a bad chain by any means, but it’s not really competing with Solana on speed or throughput. Cosmos also has slightly worse tokenomics than Solana. The inflation rate of ATOM is pretty bad.
@@1998jroy eth 1.2 to 1.5 trillion market cap possible. Sol= 250 billion is possible. All top 10 token market cap will hit 200 billion..top 20 will be 80 billion. We saw top 15 token maket cap 50 billion in previous cycle.
If yall want centralized bullshyt y are yall even in crypto i dont get it..... its deff not for the tech..... strickly gains no matter the long term effects?
@@karlopeternel7685Yeah, that was annoying. I was trying to liquidate some coins. It’s fine for now but they need to fix it. Major companies would never agree to crazy downtimes like that or ETHs gas fees.
Definitely ETH. ETH is decentralized bonds with staking. Solana has too much competition eg. SEI which is much faster. Plus ETH likely also to get an ETF.
Most of Solana criticism hinges on current issues that are likely to resolve over time or even fade away entirely. One more year of 100% uptime would significantly undermine arguments about the network's instability. More games or meme tokens based on SOL infrastructure will bolster adoption rate outside the US. And so on. This is very different from ETH issues.
All of solonas current advantages are going away too. Other blockchains will only get faster and cheaper over time along with SOL's larger market cap limiting gains
@@joey9511 well... Solana is already cheap and fast, with Firedancer it will get very close to technical limits, to beat it a competing platform should be a true breakthrough.And this is a threat to everyone, not only Solana, of course
Polkadot VS Cardano next? Funny how me and my friends seem to be discussing a topic and then Guy and the Coin Bureau come along to sort things out. Great content!
Ethereum is an OG; we can't deny its greatness and importance! Solana its newer but also cheaper, faster, and so much better designed. If ETH is the past, SOL is the future!
Both are great investements. Ethereum is the lead smart contract platform and the only coin that is deflationary, and if stake get actual yield. Not only that thanks to bitcoin ETF approval, ethereum would be the next in line to get an ETF. So people who are saying ethereum is dead, it’s not dead and it’s not going anywhere this cycle. Solana in the other hand has proven to be a faster chain and it’s growing. You can do your own research, and see it that is metrics are looking better as time goes. It can’t be ignore solana is growing and it’s getting adopted. Obviously Solana has a smaller Cap than ethereum therefore more potential for the upside.
Thanks, guy, for the valuable info. Everything is spot on except for the Sol price prediction - it lacks logic. Even if it reaches that point, VCs will likely reap most of the benefits, leaving regular folks at a high risk of losing out. Solana seems to be more of a 'VC-backed Centralized Hyped Coin.' Knowing that FTX and Luna VCs are the biggest holders of Solana raises concerns. If someone is encouraging the general public to buy Solana knowing all the facts, it'll be unfair and wrong. The lack of sell pressure from these major holders clearly suggest they’re not selling them now, why would they? They plan to dump when there's enough liquidity from retail buyers during forthcoming bull market at a much higher price. The end result would be devastating for ordinary investors who buy them in that high proce. The harsh reality is, buying Solana or influencing others to do so can be seen as hypocritical, greedy, VC bootlicking, or simply being one of the worst individuals in the crypto space - a person history won't look kindly upon. Mind my word!!
Large bag holders on Ethereum will sell when reaching new highs too. Same thing in any markets and any asset class. Do your due diligence and play the game. Investors invest at their own risk and rip the rewards when they sell higher than they bought. Investing is a blood sport, it is just the nature of the game. Otherwise, just leave your money in a saving account
@@krysdemare140 It is still an open "secret" that Solana is a pure VC shill stunt to generate money. Of course people will sell bags when prices go up everywhere else. But look at the horrendous performance of SOL after their ATH. It almost crashed and burned for good, network stopped various times too. ETH dumped as well, but actually held a certain level and made a slow but stable price stabilisation. You cannot seriously put all Cryptos with Solana in the same bag and say "play the game", people need to be warned whats behind SOL, be VERY careful with it
I anticipated a response like this, and it's not my first rodeo, especially since the FTX and Luna era when I raised similar caution flags. You're absolutely right - people should indeed do their due diligence before investing. However, let's be real, my friend; a whopping 99% of them are swayed by influencers. If that weren't the case, a large majority wouldn't have faced big losses in Luna, FTX, EOS, Tezos, and many similar “VC backed hyped coins”. They all at first claim to be superior than Ethereum, Cardano and Bitcoin, and people started believing them. Guy is a responsible RU-vidr, and I've been following him since the early days of his channel. Having been in the crypto game for quite some time, I just wanted to bring up these points so that at least few mum and dad investors can safeguard themselves before things go south.
@@sagunsh9007 best replies I've read in here. There are so many red flags regarding SOL in the mid to long term. I advise everyone who has it to make your profit then get out as not only is there a big problem with VC's potentially dumping the price to hell, blockchain outages is a huge issue everyone ignores becuase the price keeps going up. Its scary how little research people bother to do with SOL. The security of this blockchain is horrific and i know it will end up a bigger mess than EOS, XTZ, LUNA, BCC and so on once the pumping on exchanges cools down.
Etherium is truly horrible. Have you ever used it? If your transfer $5 worth of eth between wallets, it’ll cost you 14-25$. Absolutely useless as a blockchain. It’s so bad it requires a patch (layer 2) to run efficiently . And even when you do transfer eth, you’ll have to sit there and sweat for 15 minutes wondering if it’ll show up. Pure trash. Unfortunately, there is a LOT of money tied up in eth. That will ensure it’s standing for a long time. And it has first mover advantage. But for actual real world use, it’s absolutely useless and highly impractical. Every time I think crypto is getting closer to being mainstream, I just look at all the stupid meme coins and how broken ethereum is and I come to the realization of how far off we truly are. Yet it has a 310 billion dollar market cap?! That’s a lot of dumb people to be taken seriously.
@@binkydamauler obviously you're stubborn and can't change your mind when new tech outdates the old. You prob replied to this on a Windows XP with dial-up
I’ve been wondering as an ADA hodler, why is there nothing going on with ADA progress.. seems like they’re doing absolutely nothing as compared to the rest of the community.
Smart Aliens truly redefine innovation with their groundbreaking technology and forward-thinking approach. Excited to witness their impact and contribution to tech advancements-truly inspiring stuff! 🚀👽
im hoping it takes off in use once V2 comes out and they deliver on the speed and cost with EVM. Healthy consolidation it should be ready to run again soon.
So many cryptos need to stop saying they're decentralized...VERY few cryptos have the right to claim that, Solana and Ethereum are not a part of those few. They are not decentralized.
This is one of the best crypto videos that I have watched. Very good comparison and easy to understand and informative to help someone make an informed decision
I got 315 solana when it was at $9 over a year ago im still delegating it on Ledger to this day. When most gave up i fomo'd hard at $9 to $14 selling half if solana hits $300 lets go
A lot of the reasoning behind choosing Solana is that it has more 'room to grow'. Using that largely irrelevant factor, you could argue that just picking any crypto with a smaller marketcap is better than one with a larger marketcap! Make no mistake, like many commentors have pointed out, first mover adavantage, the size and amount of L2 operating on it, the imminent ETF approval, how long it's been 'live', investor confidence, not being linked to FTX/SBF, mean that there really isn't any comparison between ETH and SOL. No matter how much RU-vidrs want us to believe there is.