Fred Wilson, a venture capitalist and co-founder of venture capital firm Union Square (NYSE:SQ) Ventures, has revised his bullish opinion on Ether (ETH).
Back in 2017, Wilson suggested that the market capitalization of Ether will bypass the market capitalization of Bitcoin (BTC) by the end of the year, and eventually surpass the value of Bitcoin. However, in a Sept. 4 blog post, Wilson noted that the coin has fallen short of this, and that Ether’s underlying Ethereum network is experiencing some problems, saying: