Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 01/12/2021, 18:47:18 UTC
I generally agree on eth, which has MANY flaws with huge pre-mining being the most galling example, BUT the darned thing has momentum and there is some chance that it (or some other coin peddled by investment banks) would "flip" bitcoin.

I would be sad if it happens.

The main cause of that potential flip would be that less people (especially , developers) are working on bitcoin vs ethereum, hence less people improving it.
Human endeavors with more people actively involved tend to progress faster.
However, what do I know? Maybe eth itself would be supplanted (since it is darned expensive to use) by some other protocol, which seem to be growing and getting allegiances incredibly fast right now.

TL;DR poo-pooing eth is justifiable, but it is a strong competitor that is not to be dismissed.