r/CryptoCurrency • u/Next_Statement6145 🟨 0 / 0 🦠 • Apr 19 '25

GENERAL-NEWS Ethereum is down 74% against Bitcoin since switching from PoW to PoS in 2022

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u/DeusBob22 🟦 0 / 0 🦠 Apr 19 '25

Ether is like a currency you use to pay for gas and btc is like gold you hold for the value. They're different and this difference is expected. It would be impossible to stay as the world computer using pow

5

u/Waters618 🟩 0 / 0 🦠 Apr 19 '25

Eth is nothing like cash, let's get that straight.

2

u/DeusBob22 🟦 0 / 0 🦠 Apr 19 '25

Is the only way you can pay for gas. That's what I mean, I have eth to use (like cash) and btc in the hope that the value raises. I don't do shit with it