in terms of the technicality and application. These are my personal thoughts and points of view. You could also argue that tying gold prices and the dollar to actual reserves at this point is laughably outdated conceptually, as well given the propensity of central banks to literally print money out of thin air. Ive been involved with crypto currencies since Ripple was just getting going, so a few years. We hate spam as much as you. Im not sure whether its architecturally limited but you have to see all these currencies as not just currency but a a system. It can also be stolen and once its gone, its untraceable.
In sum, Ethereum is an advancement based on the principle of blockchain that supports bitcoin but with a purpose that does not compete with Bitcoin.
Unlike Bitcoin, Ethereum operates using accounts and balances in a manner called state transitions.
The co-founder of Ethereum claims that it is a more programmable currency than Bitcoin while establishing the fact that Bitcoin has laid the foundation for blockchain technology.
Bitcoin is a cryptocurrency.
Bitcoin and other cryptocurrencies are competing against existing money (and gold) to replace them with a truly global currency.
This is a binary outcome were looking at here, no pun intended. So my recommendation is to invest in both and enjoy the fruit instead of comparing these two. I see Litecoin as being a distant forth option and the rest being utterly irrelevant, just because the wildfire of the main, visible currencies is burning so hot, there probably isnt a great deal of room for new entrants into mainstream investing or utilization. You can unsubscribe with one click. And thats what were really talking about here: frameworks. Instead of choose one over another, you must consider investing in both. Keep your mobile phone and laptop or wherever someone could access your Coinbase account very secure if youre gonna buy crypto currencies.
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