The case for ETH flipping BTC
BTC was the first cryptocurrency for the people by the people. A grassroots ethos and belief from the bottom up took it from nothing to $2T+. Store of value based on trust in math rather than trust in people is world changing, but BTC is now the institutional asset of choice for large companies and governments. One entity owns over 2.5% of it. There’s no useful apps built on BItcoin to onboard new people. Beyond store of value, where are the use cases that will bring crypto to billions of people?
ETH is credibly neutral, internet native store of value underlying the developer platform that is home to stablecoins, decentralized finance, NFTs, prediction markets, decentralized social, decentralized identity, and more. All of the new use cases that have pushed the space forward the past decade have been on Ethereum and they’re all growing. These use cases will bring crypto to billions, distribute ETH as a store of value and make ETH more scarce.
Maximalists say there will be only one credibly neutral, internet native store of value. They are dead wrong.
There will be many but there are only 2 viable options today: BTC and ETH
BTC was the first cryptocurrency for the people by the people. A grassroots ethos and belief from the bottom up took it from nothing to $2T+. Store of value based on trust in math rather than trust in people is world changing, but BTC is now the institutional asset of choice for large companies and governments. One entity owns over 2.5% of it. There’s no useful apps built on BItcoin to onboard new people. Beyond store of value, where are the use cases that will bring crypto to billions of people?
ETH is credibly neutral, internet native store of value underlying the developer platform that is home to stablecoins, decentralized finance, NFTs, prediction markets, decentralized social, decentralized identity, and more. All of the new use cases that have pushed the space forward the past decade have been on Ethereum and they’re all growing. These use cases will bring crypto to billions, distribute ETH as a store of value and make ETH more scarce.
Maximalists say there will be only one credibly neutral, internet native store of value. They are dead wrong.
There will be many but there are only 2 viable options today: BTC and ETH
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