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> If this didn't kill ethereum why would it be a problem for bitcoin? The situations simply aren't analogous. At the time ethereum was still seen as speculativ
by hackinthebochs 9y ago
> If this didn't kill ethereum why would it be a problem for bitcoin?
The situations simply aren't analogous. At the time ethereum was still seen as speculative and didn't have another project nipping at its heals for dominance in the turing complete contracts space. But now, ethereum is nipping at the heels of bitcoin to be the dominant blockchain currency. If bitcoin falters and money starts flowing out of bitcoin and into ethereum, there is no reason to be confident that it'll retain dominance.