Prominent investor believes Ethereum's monetary policy is underrated

Ryan Sean Adams, a crypto investor at Mythos Capital, believes Ethereum has a significantly better monetary policy than Bitcoin.

In his Bankless newsletter, Adams argued that Bitcoin's fixed supply means there will be fewer funds to subsidize security, while Ethereum's minimum necessary issuance means greater network security.

The largest altcoin and the second-largest cryptocurrency in the world might have a better monetary policy in place.

In his newsletter, Bankless, Adams argued that Ethereum's monetary policy is extremely underrated, saying that the path it chose to maximally secure the network is much more efficient than that of Bitcoin.

According to Adams, the goal of a crypto monetary policy is to maximally secure the network at the lowest cost.

Unlike Bitcoin, which has a fixed supply of 21 million coins, Ethereum has a policy of minimum necessary issuance.

Proof-of-stake to bring higher network security thanks to MNI. In an earlier newsletter, where he discussed the shortcomings of Bitcoin, he said that a coin's monetary policy is its security policy.

While an early prediction for Ethereum's monetary policy predicted issuance to reduce from 22 percent in the first year to 18 percent in the second year, actual ETH issuance at launch started at 18 percent.

Ethereum 2.0 will reduce issuance even further, as it will increase security per unit.

Bitcoin's annual issuance will drop to 1.9 in 2020 and remain that way until 2024, which means Ethereum will catch on with its issuance rate.