1confirmation founder: will continue to double down on ETH bets

Nick Tomaino, founder of 1confirmation, said in a post on X, ‘The biggest question for any investor about ETH is whether it's more like BTC or more like XRP, ADA, SOL, and other torrents - BTC extremists think ETH is just another torrents, while torrents proponents think BTC extremists think ETH is just another fake coin, while fake coin proponents think ETH is closer to them, but with worse technology.

1confirmation will continue to double down on ETH because the only two ecosystems in the world that are credibly neutral and sufficiently decentralised in terms of ownership are Bitcoin and Ether. This makes them uniquely socially scalable. The market may not care about social scalability in the short term, but it will become critical in the long term.’