Bitcoin set to rise and compete with the Ethereum platform

With the BIP91 implemented and all miners signaling for SegWit, there is greater stability in the scaling regarding the block size. Bitcoin is now set for great growth and added features such as Counter Party and RSK (rootstock).

Ethereum (ETH) grew in popularity because of the ERC-20 tokens or ICO offerings that utilized the ETH platform. Most ICO's just duplicated a cookie cutter format of the previous smart contract and it became an easy plug and play. The Ethereum platform has not really been tested over a long term period. There have been a lot of ICO activity and buzz about quick profits on flipping pre ICO tokens but no real product has been put online yet. ERC-20 projects have had a lot of Hack attacks lately with massive losses due to theft. This is a weakness to the ETH platform because of its wide attack surface area which makes hacking much more susceptible. For exapmle, ETH had problems with it's first smart contract blowing up and multi signature software failures.

What I see happening in the future is the FinTech industry ultimately hanging its hat on the Bitcoin block chain. It is the oldest tried and tested platform out there. It has withstood the test of time and attacks. Once Bitcoin adopts features like Counterparty (Counterparty’s EVM can do everything that Ethereum is able to do except it occurs on the Bitcoin blockchain) and RSK ( smart contract platform that is connected to the Bitcoin blockchain through sidechain technology)it will be hard, if not impossible, to beat.

As the crypto currency market gets larger and starts to have significant growth ($500 Billion and higher market cap), the global participants will want to see stability and security. I think ETH will continue to exist, as well as all of the ICO's using the ERC-20 but I see it merging with the Bitcoin block chain's legacy chain.

In any case, I would never count Bitcoin out. It will be here even if world nation's central banks come up with their own "crypto currencies". The global community love the idea of a non governmental decentralized honest and fair money. That concept will never diminish and Bitcoin (as well as Litecoin) answers that challenge.