Todd Morley, a co-founder and former executive of investment powerhouse Guggenheim Partners, has said that Ethereum has "much higher utility" than Bitcoin. Speaking to Bloomberg TV on Monday, Morley said Bitcoin is "a thing," but "Ethereum to me has a much higher utility through smart contracts." Any industry that doesn't have a technology strategy to digitize is "going out of business," according to Morley. He gave an example of the insurance industry and said that such industries should better have a technology strategy, or "suddenly something shows up, and your walkman looks like an abacus." Blockchain technology ... (full story)