found this online:
https://www.cryptocoinsnews.com/counterparty-brings-ethereum-smart-contracts-to-the-bitcoin-blockchain/

When counterparty enables running smart contracts from your btc-adress then it defeats the whole purpose of the Ethereum network because:

-running xcp will be more convenient in particular for btc-users than actually running eth
-xcp and btc are likely better distributed than eth
-xcp provides higher security thanks to pow-hash in btc
-these contracts not only more convient to run, they are also cheaper to run AND hold because of much lower inflation and in xcp you don't have to pay that useless hash in eth that's actually just producing heat currently. So in xcp no additional hash needs to be payed.

XCP is significantly cheaper to run and more convenient to the bitcoin-user than ETH is.

Now can someone tell me again why anyone should use ETH instead of XCP? ETH lost its usecase and bullish outlook entirely thanks to this news.

All comments and opinions welcome but please keep it civil.

Disclaimer: i am not holding any ETH or XCP at the moment.