Because ETH can be stopped, since it has a CEO and a team. It can be rehulated. BTC cannot be stopped, regulated or controlled since it has no central authority and is being considered a commodity rather than a security like the altcoins.
The fact that BTC is slower is the least problem. If anyone wants a true global monetary system, go for absolute decentralization. No company ever could be in charge of the money of the world.
Crypto is generally crappy unregistered software companies awkwardly glued to a centralized blockchain, who’s primary purpose is to shill a token, which is an unregistered security, to enrich the founders and early speculators, usually at the expense of unknowing retail investors
People believing something immutable and finite = bad
People believing in what government tells them (as it perpetually dilutes while inserting itself digitally into every facet of your life) = good
Am I understanding this correctly?
Trust us…not physics
#Bitcoin is separating money and state it does not have a foundation, CEO, premines or insiders. It's censorship-resistant sound neutral money without an issuer that gives freedom and sovereignty to the individual. The rest is noise.