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RE: Ethereum vs Bitcoin explained by.... CNBC???

in #cryptocurrency8 years ago (edited)

Hey @satoshimoto! Funny since reading your comment I've gone back and watched it again and it certainly does lean more in favor of Ethereum! I find it interesting that they're comparing them as currencies, then in the same breath say that Ether is better because of smart contracts and the fact that big institutional money is backing it. What they fail to mention is that these two cryptos were never meant to be competing for the same space, each has their strength and use case. Bitcoin for ultra-safe store of value and transactions, and Ether as a platform for decentralized internet and Dapps based on its blockchain. Its a little misleading pitting the one against the other as they're designed for different purposes.

Its not just you :)
I think you've just made me realize its quite subtly suggesting Ether is superior to Bitcoin. Ha! fuckers...
Upvoted + following you :)

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Man! Now you have me intrigued, I've saved your post for later viewing, these guys are so predictable, I have a friend who invested in Ethereum when it was around £5 a coin, and he swears by it, I've obviously been fighting the urge to invest just because doing my own research has led me to believe there just isn't any real value behind this coin, smart contracts are great but I dont think the tech is strong enough to stand on its own, and as I've said earlier, the dodgy characters who were against bitcoin all of the sudden are praising ethereum like its the answer to all our problems, That just screams "STAY DA F*CK AWAY!" to me!

I've checked out some of your other blogs, I like the subjects you cover and your writing so I'm returning the follow, nice post mate.

I hear you, I think my first post here was about how I don't understand or trust Ethereum lol. I've since caved and invested a bit, mainly FOMO. Bitcoin is where my hearts at though.

Hey, thanks man :)