Bitcoin’s capitulation to Ethereum is coming. Ethereum will fulfill all the dreams Bitcoin created. For more info and links check out this tweet thread.
(1/17) Bitcoin capitulation to Ethereum is coming. Everyone is over weight bitcoin and most people don't realize Ethereum is winning on almost every fundamental metric. Read this thread and/or watch my video for more details. @latetot @nlw
https://t.co/ezQRi5aqXJ— DaveLevine0com 🛡️ (@DaveLevine0com) January 16, 2020
Below are my notes for the video and links shown.
ETH monetary policy makes security a priority. tokens issued to stakers vs tokens burned for transaction fees.
https://twitter.com/sassal0x/status/1107801349922537473/photo/1
https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-2.0-economics/
reserve currency defi pulse https://defipulse.com/
transactions eth fees going up. https://bitinfocharts.com/comparison/fee_to_reward-btc-eth.html#2y
dollar pegged tokens destroys use case for bitcoin https://consensys.net/blog/news/the-state-of-stablecoins-2019/
miners in china over 50% in china is a threat https://coinsharesgroup.com/assets/resources/Research/bitcoin-mining-network-december-2019.pdf
exchanges no dex on BTC https://twitter.com/DexWars/status/1217085395164434432
lighning (state channels) plasma phased out to zk rollups
https://defipulse.com/lightning-network
instututions not coming not motivated. rally was for bearer asset. https://www.coindesk.com/bakkt-goes-live-with-options-cash-settled-futures-products
Gold is small and captured ethereum is everything https://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/
bitcoin on ethereum helps ethereum https://tbtc.network/
travis kling true for ethereum https://twitter.com/Travis_Kling/status/1194687511945195520
bitcoin community john pfeffer, saifdean, richard heart,
ethereum community vitalik and great open minds
thesis that ethereum is a scam everyone is overweight BTC
ENS https://ens.domains/
nft – gods unchained https://twitter.com/nonfungibles/status/1216730157244977155/photo/1
watch the fed eth goes up if Btc goes up https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
below 6K could be trouble https://coinmarketcap.com/currencies/bitcoin/
Iran false narragive trader BS. In a real emergency btc goes down.
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