Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Bitcoin vs. Ethereum

This year, the two most significant cryptocurrencies globally, Bitcoin and Ethereum, have followed distinct trajectories. Bitcoin has seen a substantial increase of over 26%, whereas Ethereum’s growth has been minimal at just under 2%.

In terms of the crypto market, Bitcoin is often seen as a benchmark. However, this year has shown some significant deviations from the norm. This presents a challenging decision for investors when deciding between the two: should they invest in the asset that’s been performing exceptionally well and reached new record highs, or the one that hasn’t done as well but might recover as a bargain opportunity? Which cryptocurrency, Bitcoin or Ethereum, is more likely to yield millionaire status? This question remains debatable.

Bitcoin: Digital gold and a flight to safety?

The price of Bitcoin has significantly increased ever since President Donald Trump’s election victory in November. Throughout his campaign and subsequent time in office, Trump has demonstrated a favorable stance towards cryptocurrency, which has been reinforced by several organizations that support him launching their own crypto ventures.

Trump has accumulated cryptocurrency advisors and put pro-crypto figures in key positions within his cabinet, notably at the U.S. Securities Exchange Commission (SEC). The SEC, which was more stringent towards cryptocurrencies during the tenure of former President Joe Biden, has since either dropped or settled significant cases against leading crypto companies, while eliminating regulations that hindered growth.

This development paves the way for traditional finance to expand its engagement with cryptocurrency. This could manifest as increased provision of custodial services, listing additional cryptos on well-known trading platforms, or a greater readiness among institutional investors to purchase and deal in digital currencies.

In simple terms, Bitcoin, being the most recognized digital currency, is expected to gain from these current prices. Moreover, Trump has announced the establishment of a U.S. Strategic Bitcoin Reserve, which will hold Bitcoins already in the government’s possession and explore methods to acquire additional Bitcoins without affecting the budget.

It appears that Bitcoin is experiencing an upswing as more investors view it as a digital equivalent of gold, serving as a shield against inflation due to its limited supply – only 21 million coins can be mined, with 19.9 million already in circulation. Traditional gold has seen significant growth recently, as worries about the nation’s financial health escalate. The U.S. government currently holds over $36.5 trillion in debt and has accumulated a deficit of $1.34 trillion in fiscal year 2025 after posting a deficit of $1.83 trillion in fiscal 2024. Additionally, uncertainty in global politics has made both gold and Bitcoin potentially more appealing.

Ethereum: Are the advantages real?

I wholeheartedly embrace Ethereum, not as a digital replica of Bitcoin’s “digital gold” proposition, but rather as a thriving platform that has captivated investors with its unique charm. The primary allure lies in its role as the hub for developers, where they flock to create and deploy smart contracts – self-executing agreements that spring into action once specific conditions are met. Furthermore, this dynamic ecosystem has given birth to numerous homegrown tokens, such as Shiba Inu, demonstrating the limitless potential it holds for innovation.

In the past, there was much criticism directed towards cryptocurrencies for their excessive energy consumption, primarily due to the proof-of-work mining consensus mechanism used to authenticate and create new blocks. However, Ethereum undertook a multiyear initiative to transition to a proof-of-stake system, where Ethereum holders stake their tokens as collateral to potentially validate and mint new blocks. This method allows investors to earn returns on the staked tokens, causing some like Cathie Wood to describe Ethereum as having characteristics reminiscent of U.S. Treasury bills.

Nevertheless, Ethereum has faced persistent network congestion problems over time, and competitors such as Solana appear to be growing threats. Additionally, Ethereum seems to have experienced a slowdown this year due to similar difficulties that technology companies have encountered, including high-interest rates and geopolitical instability.

Positively speaking, various businesses have started implementing cryptocurrency treasury strategies for Ethereum, much like Michael Saylor’s approach. Many, including renowned investment strategist Tom Lee, see great potential in the network because of the surge of stablecoins, a topic that has been widely talked about since the public listing of stablecoin issuer Circle earlier this year and the subsequent rise in its stock price. The two most significant stablecoins, Tether and USDC, are both based on Ethereum’s network.

Which is more likely to make you a millionaire?

From my perspective, among all cryptocurrencies, Bitcoin and Ethereum seem to be the most suitable ones for investors to consider adding to their portfolios. These two digital currencies are expected to maintain a level of volatility, but they also present robust use cases that make them valuable.

If asked to make a single selection, I would still opt for Bitcoin. Regardless of whether this belief proves correct or not, many investors view Bitcoin as a type of digital gold due to its ability to withstand market upheavals and a reduction in volatility. This characteristic sets Bitcoin apart, providing an opportunity for diversification that is otherwise unavailable.

In addition, the global leader in asset management, BlackRock, has suggested that up to 2% of a diversified portfolio could be invested in Bitcoin. This suggests that Bitcoin might become a more typical investment. I also believe that Ethereum is a reasonable asset to own, but Bitcoin appears to have garnered a level of acceptance that very few other cryptocurrencies may match.

2025-07-19 13:42

Bitcoin: Digital gold and a flight to safety?

Ethereum: Are the advantages real?

Which is more likely to make you a millionaire?

Read More