“Ethereum can do everything Bitcoin does, plus many other things.”

The above phrase is often uttered by newcomers to the cryptocurrency market, so below we will review four things where Bitcoin outperforms Ethereum and all other altcoin projects.

1. The Small Number of Bitcoins:

There will never be more than 21 million bitcoins, because the bitcoin development culture and code work strictly and seriously not to allow any increase whatsoever.

According to an Ethereum enthusiast who was told that if Ethereum relied on the “EIP 1559” feature that burns Ethereum coins with each transaction, Ethereum would become scarcer than Bitcoin.

But that doesn’t introduce the rarity of Bitcoin.

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It is argued that the adoption of the EIP 1559 mechanism makes transactions more difficult as well as counting on a significant change in monetary policy.

The difference between changing monetary policy and establishing the currency is accompanied by its strict and stubborn policy, and inevitably investors tend to be more stable than variable.

The simple goals of the Bitcoin project:

• 21 million bitcoins max.
• Resist banking supervision and eliminate third parties.

Despite the simplicity of the two elements mentioned above, they would change the banking system as we know it, where Bitcoin is based on fighting inflation and eliminating traditional financial institutions.

As Bitcoin provides a hedge against inflation and cannot be easily confiscated even by government agencies.

Therefore, despite the simplicity of the goals set by Bitcoin, it contributed to the beginning of a new digital financial revolution that contributed to the emergence of Ethereum and other alternative cryptocurrencies.

3- Ease of adoption and adoption:

Public companies are now buying bitcoin which is what we saw from microstrategy and Square.

The perception of Bitcoin changed after it became one of the best investment assets and was dubbed by many as “digital gold”, so it has become an opportunity for investment fund managers to diversify the portfolio.

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4- Bitcoin’s long-term stability:

Looking at the Bitcoin white paper and what has been implemented on the ground, we find that Bitcoin is walking according to what was written for it.

In contrast to Ethereum, which is expected to change the way it works and the method of certifying transactions, in Ethereum 2.0 it is expected that the shift to the “Proof of Stakes” mechanism instead of the “Proof of Work” mechanism that he was working with.

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Bitcoin is stable until now and there are no signs of changing that, at least in the short term.

All of the above characteristics of Bitcoin make it superior to Ethereum and any other alternative digital currency.

But that does not mean denying what Ethereum or other projects are doing, especially in the field of smart contracts, decentralized applications and decentralized finance…

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