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RE: Trace Mayer Doubles Down: The 7 Network Effects of Bitcoin
Thanks for posting the interview Stacy. Trace Mayer is very smart and there's so much happening right now: the AZ tax payments, lightening network, regulators softening (maybe), Eth should be looking over it's shoulder!? Really hard to keep up. Glad to have you keeping us informed here on Steemit!
I hate to disagree but you got it the wrong way around. Bitcoin should be looking over its shoulder at Ethereum and all the other altcoins that will eclipse it.
Satoshi Nakamoto's whitepaper does not say anything about bitcoin becoming an expensive store of value or digital gold 2.0.
I'm citing highlights that they discussed in the podcast which surprised me. One of them being: Trace Mayer said of Ethereum that it might have been an unlicensed securities offering and that they should be looking over their shoulder if there is going to be some enforcement actions. So looking over their shoulder for the SEC not BTC. At this point Ethereum does not have to look over its shoulder for Bitcoin because Bitcoin is still in the lead. You should listen to the interview before leaving comments.
Ouch a bowl of milk for table number 9!
The whitepaper only said what it was on day one, not what it will remain. Almost nothing in the world of tech remains in its original form.