Well done
https://twitter.com/thomas_fahrer/status/1627820697539190785?s=46&t=O8fAq43HZqS4X8fdEYppeQ
Discussion
Imagine Satoshi has most coins stacked for himself and always sell ATH š
On point. Only one true King.
I honestly donāt understand why they are compared this way. Itās like comparing apples to oranges imo. They have different use cases
Ethereum is far from perfect, but Bitcoin canāt do smart contracts
Sure, but here weāre talking about the monetary policyā¦
Thanks for the reply!
For me, itās the way itās framed. āHow to explain Ethereum to new Bitcoinersā seems like a misleading title when all it talks about is monetary policy. I agree thatās a strength of Bitcoin and a weakness of Ethereum. Bitcoin has no competition there. Ethereumās value lies in itās smart contract functionality, which isnāt mentioned
Bitcoin has smart contracts. That's how lightning is implemented. Also Bitcoin now apparently has NFTs, which is stupid, but that's where we are.
Love lighting! ā”ļøI missspoke, Bitcoin can do some smart contracts, but itās functionality is more limited
As far as ordinals, still not sure how I feel about them. Find them fascinating, love that the art (as atrocious as some of it may be) is on-chain, but donāt want Bitcoin to get overrun with NFT traders and speculators
I do love the potential of NFTs though. Thought they were stupid until I realized they could be a source of income for artists and musicians, especially those in developing nations. And I also like to collect stuff and they donāt take up space, lol
True.
Back then it was 100% pre mine.
I used to think fiat only worked coz of force by the state. Then I discovered ethereum...
Shitcoiners gonna grift!
Zapped
On another note I played your interview for my parents with #[2]. Glued to the screen and jaw dropped. Thanks Alex šš¼
Tweet content: "How to explain Ethereum to new Bitcoiners:
Imagine if Satoshi:
š© Premined 14M #Bitcoin and gave it to his private investors.
š© Removed the 21M Supply cap.
š© Removed POW mining for bitcoin and instead new bitcoin is allocated as interest to the existing holders" -- https://twitter.com/thomas_fahrer/status/1627820697539190785?s=46&t=O8fAq43HZqS4X8fdEYppeQ
Good analogy! š