Ethereum won’t be able to flip BTC’s marketcap ever, here’s why!

Cryptocurrency News and Public Mining Pools

Ethereum won’t be able to flip BTC’s marketcap ever, here’s why!

Was listening to a podcast where the guest had fascinating quote regarding Bitcoin, Bitcoin's value proposition is it's VTPS i.e Bitcoin is transecting half a million dollar per second which is equal to half golden bar per second along with maximum number of nodes running round the world hence maximum security, VTPS + Max. decentralisation is what makes Bitcoin unique.

Newer Blockchain though has transection per second but they've low VTPS i.e $1000-2000 per second with less number of nodes (highly centralised) hence low security, therefore new Blockchain mislead people by comparing TPS.

So BTC which has 7-10 TPS is more valuable then incoming New Blockchain with High TPS i e Solana and Avax.

I am no BTC maximalist nor I hold any BTC yet, I've many Layer 1 coins, but I see merit in above explained point and I want to discuss with Crypto Veterans what they think about BTC valuation.

Link to the discussion: https://youtu.be/dLGJSu2r0_Y

submitted by /u/ChaoticRationalist
[link] [comments]