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> To be fair, Ethereum is not strictly a cryptocurrency, in the sense that its exclusive purpose is not payments. Payments is not the exclusive purpose of Bitc
by runeks 12y ago
> To be fair, Ethereum is not strictly a cryptocurrency, in the sense that its exclusive purpose is not payments.
Payments is not the exclusive purpose of Bitcoin either. Bitcoin supports things like contracts (https://en.bitcoin.it/wiki/Contracts https://en.bitcoin.it/wiki/Contracts), via its transaction script.
Bitcoin is essentially a distributed timestamp database, where the storage cost is denominated in bitcoins. This has a tremendous amount of uses.
Granted, Ethereum can do a lot more via its "script", which makes it both more powerful and harder to implement.