1Confirmation Founder: BTC and ETH can become the original value storage means of the Internet in the future

Nick Tomaino, founder of 1cConfirmation, stated in an article on X platform that BTC is the first cryptocurrency that serves the people. The grassroots spirit and belief from the bottom up have enabled it to grow from scratch, and its market value has soared to over 2 trillion US dollars. Value storage based on trust in mathematics rather than people is changing the world, but BTC has now become the preferred institutional asset for large companies and governments, with one entity owning over 2.5% of BTC shares. Currently, there are no practical applications developed on Bitcoin to attract new users, and there are no use cases other than value storage to expand market share. ETH is a trusted and neutral Internet native value storage tool, supporting the developer platform, which covers stable currency, decentralized finance NFT、 Market forecasting, decentralized social networking, decentralized identity, and so on. All the new use cases that have driven the development of this field in the past decade have emerged on Ethereum and are constantly evolving, attracting new users to distribute ETH as a value storage tool and increasing its scarcity. Some people will only have a trusted, neutral, Internet native value storage method in the future. They are very wrong and may have many, but at present there are only two feasible options: BTC and ETH.