Just crossed with this really interesting Leon Tweet about that Ethereum and Bitcoin can not be compared, something that I have been telling for ages, they are different things.
Ethereum is not just another crypto, it is the backbone of the decentralized future. It is programmable money, the infrastructure for DeFi, NFTs, DAOs, Layer 2s, Real World Assets (RWAs), stablecoins and a much more.
Furthermore, all the decisions made by Ethereum ecosystem have been made to make Ethereum like it is today and to become what it is going to become. Since the shift to Proof of Stake, ETH is not low energy, yield generating and even deflationary at times with high activity. It is also really usable now with the blobs upgrade that even thought it increased inflation for a while it has drastically reduced gas fees and made Ethereum scalable for when it becomes mainstream and the whole world starts using it, making it again deflationary without no doubt. Holding ETH is like holding a piece of a decentralized Internet.
In the other hand we have Bitcoin, yes, it is the OG and respect to that. It has a fixed supply and no frills, lets call it Digital Gold. However it is "static". You can't build apps on it like Ethereum. No smart contracts, no ecosystem of dApps, no yield unless you take extra risk elsewhere.
While Bitcoin is digital gold, Ethereum is digital oil, fueling a whole economy of innovation, experimentation and value creation.
Thousands of devs are building the future of Ethereum, from zk rollups to real world assets and the platform where this happen is Ethereum. Anyway, both are totally different things with totally different purposes so its a good way to "diversify".
We as shrimps dont have to pick sides, we just need to take advantage of opportunities to improve our lives and both are a must in a healthy portfolio.
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