Money has three properties: - SoV - MoE - UoA In all these BTC suck. SoV: longterm security issues (fees don't compensate for declining block subsidies). Only reasonable solution: move BTC asset onto ETH. MoE: only USD for BTC rn. Can only be sustained when BTC gets tokenized on ETH. UoA: nonexistent, since no Defi ecosystem. That said I have no problems when BTC lives longterm on ETH as nostalgia. But come on, BTC is definition of greater fool scheme and worst money possible.
Maybe the market ends up regarding Bitcoin as the platonic ideal money, and Ethereum the platonic ideal tech stock
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