Strike founder: ETH cannot surpass BTC, Bitcoin is currency while Ethereum is technology

ChainCatcher news, Bitcoin ecosystem payment company Strike founder Jack Mallers responded on the X platform to Ethereum co-founder Joseph Lubin's earlier view that Ethereum would disrupt Bitcoin's monetary foundation. He stated that Ethereum cannot surpass Bitcoin because Bitcoin is money, representing a $5 trillion opportunity, while Ethereum is a technology, at best a budding tech company, and the two cannot be compared.

Jack Mallers specifically pointed out that it is important to note that Joseph Lubin and his team once had 100% of the ETH supply, which stands in stark contrast to Bitcoin, as even Satoshi Nakamoto could not pre-mine; every Bitcoin is earned through proof of work, linked to real-world value and income.