🔥 Ethereum & Solana Surge, But Will They Still Not Beat Bitcoin?

Philanthropist Bill Miller assesses the recent price surge of Ethereum and Solana is more due to the Clarity Act passed by the US, rather than their technological superiority.

📌 Miller emphasizes that both blockchains were just lucky to launch earlier so they could be immediately categorized as “decentralized”. If launched now, they would face much stricter evaluations.

🔹 Ethereum and Solana use a Proof-of-Stake (PoS) mechanism which, according to Miller, is too similar to traditional systems: the rich hold the power.

🔹 Meanwhile, Bitcoin with Proof-of-Work (PoW) is considered far more decentralized and enduring.

👉 Miller believes that in the long run, Bitcoin with stronger governance and technology will continue to excel compared to other blockchains.

💭 What do you think? Will BTC remain king in the future?

#FOMCMeeting

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