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- Chris Burniske, a placeholder partner tweeted that Ethereum today is like what Bitcoin was in 2016 in terms of societal awareness.
- In the same context, Burniske brings to attention in a subsequent tweet that people have been well aware of BTC by now.
- In response to Chris’s tweet, a user identified as ‘@Asliajay_’ tweets that Ethereum’s fundamentals are far inferior to Bitcoin.
Chris Burniske, a placeholder partner, took to Twitter later yesterday to state that Ethereum today is like what Bitcoin was in 2016. He although mentions that his judgment is on the basis of societal awareness. Placeholder is a prominent New-York venture Firm specialising in Crypto assets.
Meanwhile, #Ethereum feels like it’s where #Bitcoin was in 2016 in terms of societal awareness.
— Chris Burniske (@cburniske) May 23, 2020
Bitcoin v/s Ethereum
Bitcoin was the first one to come into existence as a cryptocurrency. It has since its establishment continued to prove why it is the leading cryptocurrency. Owning a huge crowd, the coin sure amazes its users with its incredible value and design.
On the other hand, Ethereum too since its existence is on par with the king crypto in terms of performance. Ethereum besides offering a native currency ETH functions as a crypto platform itself. However, Ethereum is one of those cryptocurrencies that has always sought the world’s leading crypto position.
Everyone knows BTC: Chris
In the same context, Burniske brings to attention in a subsequent tweet that people have been well aware of BTC by now. In other words, he claims that every other person in today’s world has gained enough insights into BTC to own an opinion. It seems like there is some truth hidden in his tweet. We can assume Bitcoin will forever be favoured and will remain the first choice of crypto newbies as it’s the ‘first crypto’. It’s massive fan-following is enough of a reason to justify the above statement.
These days, everyone’s heard enough about #bitcoin to have an opinion.
— Chris Burniske (@cburniske) May 23, 2020
In response to Chris’s tweet, a user identified as ‘@Asliajay_’ tweets that Ethereum’s fundamentals are far inferior to Bitcoin. The user claims that smart people do not prefer to buy ETH as the coin attracts only novinces. He ressons out that newbies prefer ETH over Bitcoin only because the latter owns high prices relatively.
But the fundamentals of eth was/is/has always been far inferior to bitcoin.
I don't see *smart people* buying eth but a hell of noobs will buy it thinking btc is unaffordable so let's buy a whole eth.
— Ajay (@Asliajay_) May 23, 2020
Chris chose to make a comeback to this tweet as he asks the user what fundamentals he is referring to. Further asking about the basis for his claim of Ethereum’s inferiority.
What fundamentals are you referring to where Ethereum is “far inferior” to Bitcoin?
— Chris Burniske (@cburniske) May 23, 2020
