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Many cryptocurrency enthusiasts are fascinated by the prospect of Ethereum “flipping” Bitcoin and becoming the number one cryptocurrency by market capitalization. Although Bitcoin is currently the leading crypto currency, it is currently used primarily as a store of value and form of “digital gold.” Even though Bitcoin does fulfill an important role, Ethereum has a much wider scope in its role as the “Decentralized World Computer.” Consequently, I predict Ethereum will eventually have a larger market cap than Bitcoin simply because it will have a much wider application. Even once the “Flippening” occurs, I still see Bitcoin fulfilling an indispensable part of the cryptocurrency ecosystem due to its high security, name recognition, and finite supply (compared to ETH’s uncapped max supply). #ethereum #bitcoin #flippening 00:00 Introduction 02:13 The Flippening Is Likely 05:08 Comparing Potential Market Cap 08:37 Bitcoin Will Retain Value 10:18 Conclusion
Many cryptocurrency enthusiasts are fascinated by the prospect of Ethereum “flipping” Bitcoin and becoming the number one cryptocurrency by market capitalization. Although Bitcoin is currently the leading crypto currency, it is currently used primarily as a store of value and form of “digital gold.” Even though Bitcoin does fulfill an important role, Ethereum has a much wider scope in its role as the “Decentralized World Computer.” Consequently, I predict Ethereum will eventually have a larger market cap than Bitcoin simply because it will have a much wider application. Even once the “Flippening” occurs, I still see Bitcoin fulfilling an indispensable part of the cryptocurrency ecosystem due to its high security, name recognition, and finite supply (compared to ETH’s uncapped max supply). #ethereum #bitcoin #flippening 00:00 Introduction 02:13 The Flippening Is Likely 05:08 Comparing Potential Market Cap 08:37 Bitcoin Will Retain Value 10:18 Conclusion