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by brathouz 3772 days ago
Ethereum and Bitcoin can, and should, coexist. Both have something to offer to one another.

For example, check out btcrelay.org. While you're waiting for Bitcoin to "snipe the features from the small competitor", that small competitor can lend a helping hand to Bitcoin.

1 comments

Global electronic cash is a zero sum game. Money is pure network effect and only one unit of account can have 90% global market share at a time. I want that to be BTC. You want that to be ETH. Let's just agree to disagree?
I want BTC to fulfill our need for global electronic cash and Ethereum to fulfill our need for a developer-friendly Dapp environment.

The bigger Bitcoin becomes, the more we all benefit from a stable universal currency. The bigger Ethereum becomes, the more we all benefit from a rich set of shared resources for developing apps that use BTC in ways that we've been dreaming of for years.

Bitcoin's killer apps might be Ethereum Dapps. That wouldn't mean that Ether "failed" as a currency or that Bitcoin "failed" because Ethereum was used to build the killer apps. It'd mean both are succeeding!

Life is more colorful when it's not just black and white.