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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 $2.3T.
Store of value based on trust in math rather than trust in people is the most important social change of our lifetime, but BTC is now the asset of choice for institutions. And 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 the world?
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 all of the new use cases that have pushed the space forward the past decade. These use cases will bring crypto to billions of people, 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 today there are only 2 viable options: BTC and ETH
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