Clearly Bitcoin is "digital Gold" and a store of Value. This has limited use cases. Ethereum is used by many companies supporting digital contract creation. Most "altcoins" are built with an Ethereum backbone as well. When closing documents for a house can be done with Eth for a fraction of the cost of current traditional means in a fraction of the time, Banks will be happy, Homebuyers will be happy and Ethereum will be King! The Network effect will create the tipping point. Early on, Eth was proof of Work and the miners made a great deal money. Vitalik used funds to slowly build out a great deal of architecture in order to transition to Proof of Stake and deflate Eth, allowing more funds to return to holders through Staking and encourage evolution of the Network. All of this has been planned years in advance and is playing out. Likely both BTC and ETH will do well in the future but for different reasons and with different use cases unless something changes. For BTC, I believe that the network has been hampered by a lack of programmers.
Jack you 100% hit the nail on the head. Bitcoin base layer is not expressive enough for developers to build cool shit on.
It’ll have its use case, ie. Digital Gold, but ETH’s smaller market cap, its potential network effects of an application like the next Facebook or TikTok built on top make it the better choice if you’re forced to choose.
Clearly Bitcoin is "digital Gold" and a store of Value. This has limited use cases. Ethereum is used by many companies supporting digital contract creation. Most "altcoins" are built with an Ethereum backbone as well. When closing documents for a house can be done with Eth for a fraction of the cost of current traditional means in a fraction of the time, Banks will be happy, Homebuyers will be happy and Ethereum will be King! The Network effect will create the tipping point. Early on, Eth was proof of Work and the miners made a great deal money. Vitalik used funds to slowly build out a great deal of architecture in order to transition to Proof of Stake and deflate Eth, allowing more funds to return to holders through Staking and encourage evolution of the Network. All of this has been planned years in advance and is playing out. Likely both BTC and ETH will do well in the future but for different reasons and with different use cases unless something changes. For BTC, I believe that the network has been hampered by a lack of programmers.
Jack you 100% hit the nail on the head. Bitcoin base layer is not expressive enough for developers to build cool shit on.
It’ll have its use case, ie. Digital Gold, but ETH’s smaller market cap, its potential network effects of an application like the next Facebook or TikTok built on top make it the better choice if you’re forced to choose.
Both choices are good too.