Ethereum’s Woes Haven’t Hurt Bitcoin: Wonder Why?
Martin Tillier, a financial advisor who writes for Nasdaq, says the recent DAO hack shows there is a vulnerability in Ethereum and that while some might have thought it would reflect negatively on bitcoin, bitcoin’s price activity demonstrates the reverse. While bitcoin does not offer the development capabilities of Ethereum, it has demonstrated better reliability. In an opinion piece titled “What Does Ethereum’s Massive Hack Mean For Bitcoin?” Tillier noted that some have touted Ethereum as the cryptocurrency most likely to emerge as the “winner” currency, “a VHS to Bitcoin’s Betamax” for....
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