I don't particularly care if BTC or ETH is at the top so long as BTC is worth more in the future. I am fairly confident that BTC will be higher so I am not worried about that.
As for ETH, I think the deflationary aspect will be bad for the network because it would change peoples point of view into spending rather than using it for smart contracts and other features. Because of this eventually, I think people will drop off the network for other solutions.
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Nowadays that is what most people are doing with fiat money. If they do that with cryptocurrency too, then that may lead to mass adoption.
Yes but I fully expect BTC to be a currency that people are unwilling to spend. Why? Because there is a limited amount and the amount generated will only get smaller over time. So if ETH were to change into a similar deflationary structure then we would see something similar.
So if people are unwilling to spend ETH then I don't think we will have a good functioning economy so people will turn to other cryptos as alternatives.
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I agree the deflationary switch might end up causing problems with that. It doesnt make a lot of sense to me but we will see what happens. If there is a liquidity crisis on there, that is not good.
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