To my layman's perspective, Bitcoin looks like proof of concept and Ethereum looks like an actual resource to be used. I commented in another post that the legal community seems to be jumping on the concept of the smart contract. That's the real indicator of success - when an existing industry wants to use it.
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Definitely. Much greater use case with ETH. However, I'm sure we will be saying ETH is proof-of-concept someday and XXX coin took over and is even better!!!
Yeah you're right. It's the same arms race of "network solutions" companies that littered the dotcom bubble.