Nick Tomaino, founder of 1Confirmation, wrote in a post on X, "The biggest question for any investor about ETH is: is it more like BTC, or more like XRP, ADA, SOL, and other counterfeit products? BTC extremists see ETH as just another counterfeit products, while counterfeit products proponents see ETH as closer to them, but with worse technology. 1Confirmation will continue to double down on ETH because the only two trusted neutral ecosystems in the world with sufficiently decentralized ownership are Bitcoin and Ethereum. This makes them uniquely socially scalable. The market may not care about social scalability in the short term, but in the long term it will become critical. "