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Comment by kang | Hacker News Reader

I have both bitcoin & ether apart from hundred other coins; earning profit is different from technical merit. I spent a long time studying ethereum as a promise for something incredible but in the end I realized its just the power of blockchains & can be done using bitcoin too. What I do not like in ethereum is the nature of origin of ether which makes it just an IPO coin.

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> Give me any ethereum use-case & I'll tell you how to do it with bitcoin.

I'm failing to see your point. Does the fact that things are possible with bitcoin make the technical merits of Ethereum less in some way?

> What I do not like in ethereum is the nature of origin of ether which makes it just an IPO coin.

The "makes it just an IPO coin" statement also seems to discount any of the technical merits of the platform due to your dislike of how the initial coin distribution occurred.

Disclaimer: I stand to benefit financially if the platform succeeds.

Did not mean to say that ethereum is 'less' than bitcoin in capability, just that ethereum is being sold that way. Yes I dislike it for political reasons & yet I own it because profit.

>to discount any of the technical merits of the platform due to your dislike

That is what I wanted to argue about, there are no additional merits to ethereum over bitcoin as people seem to believe

This is the sort of discussion I have zero interest in taking part in personally.

Facts on the ground are already overtaking misinformed opinions, so why bother arguing?

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