In a tweet yesterday, Adam Cochran, a well-known celebrity in the currency circle, questioned the weak trend of BTC relative to ETH. He believed that BTC Maxi (Bitcoin supremacists) seemed to be out of bullets, which was the key to causing BTC to fall below $30,000. price. As soon as this post came out, BTC Maxi people expressed their disagreement with Adam's statement, and it also attracted Cobie, a well-known trader in the currency circle, to express why he was willing to hold BTC this year.

I enjoy the BTC maxi responses in this thread that think I’m new and don’t “get” BTC.

I worked for a Bitcoin exchange in 2013 – the reason I hold no BTC today is it went mostly stagnant on its vision and co-opted by those who aim to drive its value through toxic narratives. https://t.co/TdO2x3QS33

— Adam Cochran (adamscochran.eth) (@adamscochran) April 17, 2023

BTC is criticized by Adam Cochran: All it has left is his popularity

Adam Cochran made it clear in his tweet that as someone who has worked for a BTC exchange in 2013, the reason why he does not currently hold any BTC is because the development vision of BTC has stagnated and is usually controlled by those who have thought through it. Owned by people who drive prices through harmful narratives.

On the contrary, Adam believes that if it is based on resistance to central censorship, many better options have emerged recently, and they are also more in line with the actual vision of Bitcoin pioneer Hal Finney.

"The only thing left of BTC is its popularity." Adam Cochran said.

Although BTC has had many upgrades and applications in recent years, such as the Taproot upgrade at the end of 2011, and the recently popular Bitcoin NFT protocol Ordinals, Adam believes that these are essentially things that we can accomplish in a Turing-complete environment, but Use a less efficient method instead.

Regardless, Adam also took a step back and said that this does not mean that the price of BTC will not increase, as the price of anything can increase, especially when it is driven by the depreciation of the US dollar. But he also believes that Bitcoin does not provide any real value, something that cannot be replaced by something else.

"I'd rather hold other things that I think have better potential and drive progress in decentralized currencies," Adam Cochran said.

BTC square represents Cobie: its risk of failure is smaller than ETH

Regarding Adam's above statement, Cobie, a well-known trader in the currency circle, chose to stand on the opposite side of the argument. He said: "As someone who has not held BTC for a long time, 2023 is the first time that I am interested in holding BTC for a long time. "

The reason for such a plan is because Cobie thought about a question: "In 10 years, what will Ethereum need to achieve to prove its valuation and potential? In comparison, what will Bitcoin need to achieve?"

Regarding this issue, Cobie believes that there is a significant difference in magnitude between the two.

"Obviously, Vitalik can make ETH and cryptocurrencies bullish in the long term, but Ethereum may fail, and the risk of Bitcoin failing is smaller in my opinion."

This article BTC fell below 30,000, and the trend is weak compared to ETH! Crypto celebrities argue on Twitter, which one is better to hold? First appeared in Chain News ABMedia.