Ether Machine’s Andrew Keys said he’s an Ethereum maxi and doesn’t own Bitcoin — he’d “rather have an iPhone than a landline.”
Andrew Keys, the co-founder of the new Ethereum investment firm The Ether Machine, argues investors would have made much more money investing in Ether than Bitcoin a decade ago.
“The price of Ether per Bitcoin over the past decade has materially improved. Over the last decade, since Ethereum started, you would be 50x wealthier [had you owned it since then],” Keys said on CNBC’s Squawk Box on Monday while talking about his new Ethereum treasury firm, which plans to go public.
In a post on X, he later corrected the price growth figure from 50 times to 30 times.