Ethereum Co-Founder: Ethereum is an Alternative to Bitcoin, Not a Competitor

At the Consensus 2025 conference, Ethereum co-founder Anthony Di Iorio stated that Ethereum "was not created to compete with Bitcoin, but to be an alternative." Reflecting on Ethereum's early development, he said, "We could feel it was on the rise." Di Iorio initially entered the crypto space by advocating for Bitcoin and met Vitalik Buterin during a Bitcoin meetup in Toronto in 2012. He emphasized, "Ethereum has the potential to eventually surpass Bitcoin in market capitalization... With the number of use cases and the value Ethereum can create, I believe it has that opportunity."