I'm an Ethereum holder, but this talk of 1 BTC to 1 ETH is really out there. For one, we are comparing apples and oranges here. I see BTC first as a store of value. Ethereum, at least for a while longer, is really going to be producing more Ethers. Maybe it can be a store of value but I think it much more likely that ETH fuels online apps and the store of value will come from a token written on top of Etherium. But I am open to the unexpected, a bit later down the road.
I do say we have no idea what is coming. I am really excited to see what will be built on top of Ethereum but also Bitcoin for that matter. For sure companies are getting behind Ethereum but a Billion dollars in investment went into the BTC infrastructure last year.
And if Ether are worth the same or more than BTC, that is ok, quite easy to cover yourself in that case. If you have 10 BTC, you can buy 10 Ether for a fraction of a BTC. There is your hedge.
In the end it will be about sharing though,
Its about sharing
You mentioned Ethereum can be a store of value with a token written on the of Ethereum. Can that token be bitcoin or other existing coin?
I imagine BTC can be moved to any run anywhere they want as it is code, but you wouldn't move it to a place with a smaller market cap, would you?
In a sense, this is the basis of using BTC's blockchain to store assets on (and the value of BTC must far exceed the assets on it of course.)
And you would want the potential hashing power to be much greater than BTC's.
I will say, I don't think we really have any idea where Ethereum, Bitcoin, etc. will be, even in just 5 years. I'm just speaking a bit of common sense at this point.