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Jack Dorsey Has More Confidence in Bitcoin Than Ethereum

source-logo  cryptoknowmics.com 04 February 2022 04:45, UTC

In a recent interview, Jack Dorsey, co-founder and former CEO of Twitter as well as co-founder, chairman, and CEO of Block explains why he believes in Bitcoin over Ethereum, despite the latter's rapid evolution.  Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business analytics company MicroStrategy Inc., questioned him about these top two crypto-assets for the keynote at MicroStrategy's two-day 'Bitcoin for Corporations' event (February 1-2, 2022).  According to a published report by The Daily Hodl, here are some highlights from Dorsey's statements about Bitcoin and Ethereum:

 “It’s deliberate and it’s predictable. Bitcoin gets a lot of knocks, especially in the technology mainstream media, versus Ethereum in terms of speed of development. Ethereum moves very, very fast in comparison, but it’s a question of what is the ultimate outcome of those moves.”  “Bitcoin is very deliberate about what goes in and what stays out…It’s slower, but slower things tend to last and they tend to be a whole lot more predictable in terms of the direction they’re going. They tend to be a lot more secure. They tend to have far better uptime and usability than anything else.”  “That’s not to say that there’s not a ton of great ideas in the sandbox everywhere and happening in all of these other projects. There are great sandboxes that will test ideas very quickly, but that deliberateness is what makes Bitcoin, to me, the potential internet’s currency and gives so much confidence, as a business owner, as someone running one of these companies, that it’s going to stick around and it’s going to serve billions of people throughout decades going forward."
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