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Is the IOTA Coordinator and Milestones similar to Bitcoin checkpoints?

A comment was posted in the internet that the Coordinator doesn't make IOTA any more centralised than Bitcoin because Bitcoin has checkpoints.

Someone even said,

The purpose of the checkpoints was to prevent attacks because of Bitcoin’s young age and susceptibility. Similarly, IOTA also works now without the coordinator. However, the issue is that without the coordinator, it is open to attacks due to its early age and susceptibility similar to Bitcoin.

Is this true or is it misleading?