PANews reported on May 11 that Nick Tomaino, founder of 1confirmation, posted on the X platform that those who say ETH will definitely not replace BTC lack self-awareness.

Today, it is Ethereum that realizes the vision of Satoshi and the cypherpunk pioneers: empowering billions of people through decentralized products. Stablecoins, decentralized exchanges, decentralized lending, NFTs, prediction markets, and decentralized social networks are all critical to achieving this goal. In addition, ETH is also a scarce and credibly neutral store of value, and Ethereum has the potential to achieve broader distribution as billions of people use new use cases.

Of course, BTC as a scarce, credibly neutral, internet-native store of value is excellent for the world and one of the most influential products to date.