Speaking at Consensus 2025 in Toronto, Ethereum co-founder Anthony Di Iorio offered a nuanced take on the evolving relationship between the world's two most prominent cryptocurrencies.
Anthony Di Iorio, a co-founder of Ethereum, offered a nuanced perspective on the two cryptocurrencies' interaction at Consensus 2025 in Toronto.
Early in his career, Di Iorio was a fervent supporter of Bitcoin, which led him to connect with Vitalik Buterin and ultimately become one of the founders of Ethereum.
Though he remains a strong believer in Bitcoin's role in the digital asset ecosystem, Di Iorio views Ethereum as a platform designed not to compete with Bitcoin but rather to complement it by providing greater functionality.
"Bitcoin is the original cryptocurrency and has stood the test of time," said Di Iorio. "It serves as a decentralized store of value, which is a foundational use case."
However, he went on to argue that Ethereum's vast ecosystem, encompassing DeFi, NFTs, and other dapps, gives it a chance to surpass Bitcoin in market cap.
"Ethereum enables real-world use cases and creates utility beyond a store of value. That could be enough to eventually push it past Bitcoin."
The comment comes amid an ongoing discussion about which digital asset will ultimately take the lead in the market over the long term.
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