Conversation

Andy Matuschak
@andy_matuschak
Earnestly/naively curious: what are the best first-principles arguments for why Bitcoin should not end up fully superseded by Ethereum? (Please don’t make me regret asking this! This is a truth-seeking q; I have no dog in this fight)
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Eli Dourado
@elidourado
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Replying to @BrantlyMillegan
They have completely given up. The narrative now is “hodl,” as if you could ever change the world by sitting on your hands and literally doing nothing.
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ayushm.eth
@ayush_modi_
think the argument is that you need this sort of one stable (moves slow without breaking things, i.e., usually no hard forks), deflationary token (like gold) and the other which can incorporate changes (hard forks) faster and has stable inflation rate (akin to cash)
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ayushm.eth
@ayush_modi_
the question can also be replaced with zCash in place of ethereum but as I have come to realize, the community is very very important when it comes to money, as there would be more people willing to exchange btc for their services
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ayushm.eth
@ayush_modi_
Replying to
@andy_matuschak
no, but still technically more advanced? than bitcoin due to zk proofs my point was zCash is similar to bitcoin in terms of total supply but still, btc would probably be many people's choice due to existing network effects.
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