Crazy Continued Fractions

After reading the following, determine who is correct, Alice or Bob:

Alice and Bob want to find the value of $x = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {\ddots}}}}}.$ Alice thinks the answer is 2. Here is her reasoning: $\begin{aligned}2 & = \frac 2{3-2} = \cfrac 2 {3-\cfrac2 {3-2}} = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3-2}}} = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3-2}}}} = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {\ddots}}}}}. \end{aligned}$ Bob thinks it's 1. Here is his reasoning: $\begin{aligned} \small 1 & = \frac 2 {3-1} = \cfrac 2 {3 - \cfrac 2 {3-1}} = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3-1}}} = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3-1}}}} = \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {3 - \cfrac 2 {\ddots}}}}}. \end{aligned}$