Eth is proof of stake when btc is proof of work. It’s power usage is umccessary and we don’t need Bitcoin In the space. When they flip Bitcoin will not be big anymore and people won’t talk about it on the mews anymore. They will talk more on ethereum and other crypto and Bitcoin will be forgotten.
Think about the news titles Ethereum, is the biggest coin in the world right now. Who the hell will want to invest in Bitcoin then? The only reason many people invest now in BTC because is the first coin is the biggest in marketcap. But when they flip people won't talk too much on Bitcoin and dump it for Ethereum.
What’s the reason for anyone to hold Bitcoin? It’s slow and bad for environment proof of stake coin.
it will not be a store of value anymore when they flip. This will shock the world and people would prefer to spend on technology rather on Bitcoin.
I think it is nonsense to compare Ethereum with Bitcoin because Ethereum and Bitcoin have a different purpose and functions, for the main reason Ethereum was created to bring a smart contract innovation accessible to many while Bitcoin was created to become a major p2p functions and store of value (investment) things like that makes Bitcoin more powerful and influential compared to other existing cryptocurrencies in the space and it's not easy to replace the original you must think about that and I also believe that all of those technical problems will be fixed soon.