Topic: Bitcoin THE KING- ethereum the dying baby (Read 109 times)

Ethereum is not secure! Why so much ignorance when people compare bitcoin to a insecure payment system (ethereum) that has already been proven to be weak, attackers can rob money guarded by smart contracts and the system is slowly and quietly becoming centralized.Google search ethereum centralization to learn more

"Once a cryptocurrency is centralized, the entire point is defeated, and you’re better off relying on centralization in the hands of a government than a bunch of nobody teenagers from a basement unaccountable to anybody. Not to mention that a centralized cryptocurrency can be very easily destroyed by hacking, destroying, blackmailing, and threatening the central planners."


"Anybody with a brain who wants to store wealth in a cryptocurrency will want to store their money in the safest coin, not in one that could be easily hacked. So all the serious money will go to bitcoin. More importantly, anybody looking to profit from selling processing power to secure a network will want to sell it to the network that rewards them with the most secure and in-demand coins. So all the serious money and processing power goes to bitcoin. This is why the processing power behind bitcoin is now around 400,000 times the processing power of its nearest “competitor”, ethereum, which is only a competitor to bitcoin in the same way that a 7-year-old’s piggy bank is a competitor to Fort Knox.

Source: https://hackernoon.com/the-fundamental-problems-with-ethereum-408c420849f0