Quote from: ContentWriter on August 24, 2024, 09:34:37 AM

This guy thinks so...

Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.

May be a tough task beating 60k from below 5k though.

He sure has faith in ETH. But you and I know that will NEVER happen. Especially when Bitcoin has first-mover advantage. Besides, how can a centralized "shitcoin" replace a decentralized project? Yes, ETH has been compromised ever since it made the switch to PoS. Whales and big exchanges now control it. With the approval of spot ETFs, it's even worse. In the case of Bitcoin, institutional investment firms have been trying to accumulate most of the circulating supply. But they will never be able to influence the future direction of the Blockchain, as consensus lies in the hands of miners and nodes themselves. You can thank classical Nakamoto consensus (aka as PoW) for this.

I believe ETH will stay the second-largest cryptocurrency by market cap for as long as it exists. Why focus on replacing or "flipping" Bitcoin? ETH can become a viable alternative to those who need it the most. It can achieve success as Bitcoin's "sidekick". Hopefully, Ethereum goes back to its roots of decentralization soon. Cheesy