Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist
Bitcoin [BTC] maximalist and Microstrategy board chairman Michael Saylor recently said that the Ethereum [ETH] Merge meant BTC was going to be stronger. Bloomberg reported that Saylor made that statement while attending an Australian conference. According to him, moving from Proof-of-Work (PoW) to Proof-of-Stake (PoS) renders ETH less of a crypto asset. Saylor said, “Proof-of-Work is the only universally accepted, proven method for creating a digital commodity.”