Jan3 CEO says ETH fails as money while BTC succeeds

Samson Mow, CEO of the Bitcoin technology company Jan3, has argued that ETH cannot function as money, whereas BTC can. Citing the Ethereum Foundation's practice of selling ETH, he noted on X that even individuals associated with Ethereum do not receive their salaries in ETH. In contrast, he emphasized that participants in the Bitcoin ecosystem readily accept BTC as compensation, demonstrating its function as actual currency. Mow previously announced late last year that he planned to liquidate all his ETH-related assets and invest the proceeds entirely into BTC.