唐华斑竹
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Bearish
The guardians are starting to act up again! Looking down on BTC!
1confirmation founder: ETH will drive crypto towards a billion users and is expected to ultimately surpass BTC
Nick Tomaino, founder of 1confirmation, elaborated on the reasons why ETH will surpass BTC. He pointed out that while BTC has achieved a market cap of $2 trillion based on the concept of 'trustless value storage', it has now evolved into an asset favored by institutions and governments, with high concentration and a lack of practical applications to support it. One entity holds over 2.5% of BTC, and its ecosystem lacks practical applications to attract new users.
In contrast, ETH is a trusted and neutral internet-native value storage, serving as the underlying asset for developer platforms that support key sectors such as stablecoins, DeFi, NFTs, prediction markets, decentralized social, and identity. Nearly all new use cases that have driven industry growth over the past decade have originated from Ethereum and are continuously growing. These applications not only expand the crypto user base but also enhance the scarcity of ETH as a settlement and collateral asset.
Nick stated that it is a mistake for extremists to claim that there can only be one trusted and neutral value storage. While more options may emerge in the future, currently, there are only two truly viable solutions: BTC and ETH.$ETH
1confirmation founder: ETH will drive crypto towards a billion users and is expected to ultimately surpass BTC
Nick Tomaino, founder of 1confirmation, elaborated on the reasons why ETH will surpass BTC. He pointed out that while BTC has achieved a market cap of $2 trillion based on the concept of 'trustless value storage', it has now evolved into an asset favored by institutions and governments, with high concentration and a lack of practical applications to support it. One entity holds over 2.5% of BTC, and its ecosystem lacks practical applications to attract new users.
In contrast, ETH is a trusted and neutral internet-native value storage, serving as the underlying asset for developer platforms that support key sectors such as stablecoins, DeFi, NFTs, prediction markets, decentralized social, and identity. Nearly all new use cases that have driven industry growth over the past decade have originated from Ethereum and are continuously growing. These applications not only expand the crypto user base but also enhance the scarcity of ETH as a settlement and collateral asset.
Nick stated that it is a mistake for extremists to claim that there can only be one trusted and neutral value storage. While more options may emerge in the future, currently, there are only two truly viable solutions: BTC and ETH.$ETH
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