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Bitcoin vs. Ethereum? Tokyo Olympic Games Entangled in Tribal Cryptocurrency Wars

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Fri, 07/23/2021 - 05:29
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Alex Dovbnya
Jack Dorsey supporting Ethiopian athletes has turned into another round of bickering between Bitcoin and Ethereum communities
Bitcoin vs. Ethereum? Tokyo Olympic Games Entangled in Tribal Cryptocurrency Wars
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The opening ceremony for the Tokyo Olympics is just hours away following a year-long delay.

On the cusp of the big event, the much-anticipated games became inadvertently entangled in the everlasting war between Bitcoin and Ethereum proponents.  

Earlier today, Twitter CEO Jack Dorsey voiced his support for athletes from Ethiopia with the #Eth hashtag that was accompanied by the flag of the African nation.    

Given that Ethiopia’s three-letter ISO code coincides with Ethereum’s ticker, many saw an ulterior motive in Dorsey’s tweet: trolling Ethereans. 

The billionaire’s Bitcoin advocacy and open disdain toward Ether made many believe that the Twitter boss was throwing shade on the biggest altcoin, which is yet to get its own emoji on the social media platform.     

The Bitcoin community pounced on the opportunity to take digs at Ethereum in Dorsey’s replies.

The official Twitter account for the Olympics joined the fray and went on to praise Dorsey for supporting Ethiopian athletes. This, of course, reinvigorated the debate about whether he was actually trolling the Ethereum community.

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Twitter attaches flags to hashtags with all ISO codes, which means that Ethiopia didn’t get special treatment from Dorsey to spite the Ethereum community.

However, the fact the #Eth hashtag has already been taken might indicate that the cryptocurrency will not be getting its own emoji after all. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.