Venture Capitalist Bill Gurley Prefers Ethereum to Bitcoin, Takes Personal Position in ETH

 

Bill Gurley Prefers Ethereum to Bitcoin

Bill Gurley, a general partner at Benchmark, a Silicon Valley venture capital firm in San Francisco, California, shared his view on cryptocurrency in an interview with Bloomberg last week.

He began by admitting that he is late getting into crypto because he was focusing on direct listings and did not spend much time on the subject until April this year when he dedicated quite a bit of time to reading about cryptocurrencies. Gurley shared:

“I’m swayed by the ethereum crowd,” he reiterated. “The party that’s involved seems to be way more pragmatic. They seem to be open to changes and are basically making several changes which I think will bring down fees and will be very beneficial. The developer community is clearly in the ethereum camp.”

The venture capitalist opined: