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Ethereum: Ethereum is a substitute for Bitcoin, not a competitor

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2025-05-15 21:53:09
Speaking at Consensus 2025, Ethereum co-founder Anthony Di Iorio said that Ethereum was "not about being a competitor to Bitcoin, but about being an alternative". "We were able to feel that it was on the rise", he said, looking back at Ethereum's early development. Di Iorio first entered the crypto space by advocating for Bitcoin and met Vitalik Buterin when he hosted a Bitcoin meetup in Toronto in 2012. He stressed: "Ethereum has the potential to eventually surpass Bitcoin in terms of market cap... I think it has that opportunity with the number of use cases and the value that Ethereum can create."
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