Jeff Garzik, an early Bitcoin developer, has expressed a bullish outlook on Ethereum, asserting a long-term belief in its future. He believes that Ethereum's technology, especially the Ethereum Virtual Machine (EVM), remains central to its potential for success. Ethereum has recently seen a significant price increase, soaring to over $3,800 after gaining approximately 60% over the past month. Despite facing competition from other blockchains, Garzik is not concerned about Ethereum's dominance being challenged. He emphasizes the ecosystem's reliance on Ethereum technology and downplays the focus on price, prioritizing its technological advancements. Garzik anticipates both Bitcoin and Ethereum will endure as predominant players in the cryptocurrency realm in the long term.

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