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.
Sorry but every year I hear the same thing when everything is bullish. As soon as the bear comes guess what, everyone will dump every alt back into bitcoin like usual. Who's to say there aren't plenty of coins that will be taking out eth...