This kind of psyoped me into thinking BTC volume was more prominent than it is without looking at the data.
I still think there is a world where all other chains just become platforms for BTCfi, but we're not there yet.

Jon Charbonneau
@jon_charb
06-04
If/when BTC flips ETH on Base, is Base an Ethereum L2 or a Bitcoin L2? x.com/0xSharples/sta…

its definitely a big gap today, the question is where do you think it goes?
rn theres ~$1.6bn BTC assets on Base vs ~$4.3bn in ETH assets
in say 5 years from now, where do you think that ratio goes?
I'm still in the black-pilled camp of:
- All native assets down vs BTC, therefor BTCfi everywhere
- BTC run by governments for free
- ETH best properties but worst value accrual relative to global impact
BTC loses ethos, wins price.
ETH loses price, wins ethos.
Everyone happysad
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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