Jack Dorsy says there is just one way to choose between Bitcoin and Ethereum – here’s his astonishing method

Baszinga and Yahoo Finance LLC can earn commissions or income from some items through the links below.

Founder of Twitter Jack Dorsy He says there is only one way to choose between Bitcoin and Ethereum – and it has little to do with technology. Instead, he discusses as a question of the world we want to create for future generations.

Dorssey’s analysis presented on Youtube in a short one, which continues to resonate with cryptocurrency investors, directs directly to the heart of the greatest philosophical exclusion of cryptocurrency. According to a technology entrepreneur, there is an essential compromise that every cryptocurrency investor must understand: you can prioritize speed and efficiency, or you can set decentralization and security, but you cannot maximize both.

Don’t miss it:

“Ethereum is very, very fast, given the speed of development,” explained Dorsey, recognizing a quick platform innovation cycle and a constant stream of updates. Due to this agility, Ethereum has become a platform for decentralized finances, non -intentionally chips and many other Blockchain programs.

On the contrary, Bitcoin takes a dramatic approach. Dorsey describes this as “slower”, but emphasizes that this is not a mistake – it is a function. Bitcoin Development Team “Very thoughtful what is happening and what is left”, prioritization for stability and safety compared to fast functions.

Perhaps the most spectacular moment of Doorsey comments comes when he chooses the choice of times. “In what world do you want your great-grandfather to live-is that is safe or fast?” he asks.

Trend: ECG has not changed in 100 years – This AI update could help detect heart disease before

It is not just philosophical rhetoric. Dorsy emphasizes a critical aspect that many retail investors are not forgotten: the consequences of long -term technological bases we are creating today. While Ethereum speed and efficiency make it attractive in emergencies, Dorsy says that Bitcoin emphasizes decentralization and security creates a stronger basis for the future.

Leave a Comment