The problem is a json file in the Ethereum genesis block listing accounts that, from day 1, held a big portion of the monetary base.
That json file created long-lasting power structures.
It introduced governance.
It created leaders.
That's beyond "fair launch". There were no precedents. No investors. Bitcoin was treated as a monopoly money in its early history.
No investors, no industrialized mining, no wallets (beyond qt), absolutely no guarantee of success.
That decentralized Bitcoin's monetary base.
That's why I dislike silly "ETH vs BTC" comparisons that so often derail.
It takes time to get it, but to me it boils down to this:
Leaderless governance and supply dispersion are the most important aspects money.
As a privacy advocate, things like zkRollups excite me!
But, in my opinion, no technology can replicate this level of fairness.
"Bitcoin is a digital asset with a blockchain...
Ethereum is a blockchain with a digital asset."
Read carefully and you'll realize that the thesis and goals of BTC and ETH are incomparable.