Speaking at Consensus 2025 in Toronto, Ethereum co-founder Anthony Di Iorio offered a nuanced take on the evolving relationship between the world’s two most prominent cryptocurrencies.
Reflecting on Ethereum’s origins, Di Iorio recalled his early support for Bitcoin and how that led him to Vitalik Buterin and eventually into Ethereum’s founding circle.
While he remains a firm believer in Bitcoin’s role in the digital asset space, Di Iorio positioned Ethereum as a platform built not to compete with Bitcoin, but to complement it by unlocking broader functionality.
That said, he doesn’t shy away from bold predictions. Di Iorio argued that Ethereum’s vast ecosystem—ranging from DeFi to NFTs—gives it a real chance to overtake Bitcoin in market capitalization.
“Ethereum enables real-world use cases and creates utility beyond a store of value,” he explained. “That could be enough to eventually push it past Bitcoin.”
The comment adds fuel to the ongoing debate over which digital asset will ultimately lead the market in the long term.
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