Smol reminder that BTC and ETH have the exact same roadmap, but ETH:
→ Is further along it
→ Can facilitate execution itself
BTC issuance will stop one day, and at that juncture they have a few options to survive:
→ Remove 21m cap (ded)
→ Become programmable
→ Co-opted by governments to defend their (heavy) bags for free
I think likelihood of occuring is 3-2-1. Long way out though and in that time smartcontract platforms can capture a lot of value.
BTC maxis are opening a can of worms by incessantly talking about ETH supply under PoS in a world where they no longer control the narrative and TradFi is already buying into ETH massively with recent flows outpacing those into BTC
because it invites a lot of very uncomfortable questions about BTC's longterm security policy
i don't think they realize how big of a mistake this is yet
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