Bitcoin’s history is fundamentally different.
-Ethereum started off with a presale/premine. Bitcoin did not.
-Ethereum abandoned POW for POS, which is much more beneficial to insiders.
-Ethereum has a history of chain rollbacks in response to a security compromise (DAO hack)
-Ethereum has a centralized foundation and clear leaders (Vitalik) controlling development. Bitcoin does not. Satoshi disappeared ages ago, and the Bitcoin Foundation long since disbanded.
-The Ethereum community has a long history of slimy pump and dumps. ICOs, DeFi, DAOs, NFTs. Literally thousands of scams launched on top of ETH.
-Ethereum has had countless hard forks (consensus changes). Bitcoin is almost impossible to change.
/ Dick McPickle
npub1w2…sly8c
2024-09-11 21:32:01
in reply to nevent1q…pkcz
Author Public Key
npub1w29h9a36wcyjxguxuhtn9ctjg06hlef4j5fa4r2rkn8av4rw4kpsdsly8cPublished at
2024-09-11 21:32:01Event JSON
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"content": "Bitcoin’s history is fundamentally different.\n\n-Ethereum started off with a presale/premine. Bitcoin did not.\n\n-Ethereum abandoned POW for POS, which is much more beneficial to insiders.\n\n-Ethereum has a history of chain rollbacks in response to a security compromise (DAO hack)\n\n-Ethereum has a centralized foundation and clear leaders (Vitalik) controlling development. Bitcoin does not. Satoshi disappeared ages ago, and the Bitcoin Foundation long since disbanded.\n\n-The Ethereum community has a long history of slimy pump and dumps. ICOs, DeFi, DAOs, NFTs. Literally thousands of scams launched on top of ETH.\n\n-Ethereum has had countless hard forks (consensus changes). Bitcoin is almost impossible to change.",
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