Can Ethereum "dethrone" Bitcoin?

in #bitcoin6 years ago (edited)

Can Ethereum "dethrone" Bitcoin?

Here is a question that keeps coming up in the cryptocurrencies universe... and the answer may surprise you!

Ethereum can't beat Bitcoin because... there's no rivalry between them!

Indeed, Ethereum and Bitcoin are two significantly different and... complementary networks.

As can be read on the website of the Ethereum Foundation "Ethereum would never be possible without bitcoin-both the technology and the currency-and we see ourselves not as a competing currency but as complementary within the digital ecosystem.".

Bitcoin has its own specificities and shortcomings and vice versa for Ethereum.

If Bitcoin is digital gold then Ethereum is a giant computer.

We must therefore keep in mind that the only rivalry that exists between Bitcoin and Ethereum is therefore a psychological one... of those who think that there is one!

We have to look at things a little further back in order to perceive all the nuances to consider cryptocurrencies as partners and not as competitors.

This is how we can move forward and ensure that the blockchain is fully exploited and can benefit the entire world!

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