Counter argument: Should Ethereum collapse, more Fiat will stream into Bitcoin for lack of established alternatives in the Cryptocurrency space.
This doesn't needs to happen, there is a plenty of others coins which are waiting for this event. Stratis, ETC, and bunch of others will receive good injection .....
I do not know much about ethereum, so take my comments for what they worth (extremely little).
Ethereum is, to some degree or other backed by THE BANKS (including JP Morgan), which just by itself makes me a little queasy. Ethereum also performs other functions (it's designed to not "just be a currency"). I like simple things, that is, Bitcoin is meant to be used as a currency, it makes no claims to preserve copies of contracts, etc. (although there are some clever programs that somewhat have the BTC Blockchain do that).
So I will stick with BTC as long as there appears to be progress on solving the scaling problem.
This is why i'm not in ETH i do not like those corporate names involving in something that supposed to be a people's money. Actually i don't even need to know more!I do not know much about ethereum, so take my comments for what they worth (extremely little).
Ethereum is, to some degree or other backed by THE BANKS (including JP Morgan), which just by itself makes me a little queasy. Ethereum also performs other functions (it's designed to not "just be a currency"). I like simple things, that is, Bitcoin is meant to be used as a currency, it makes no claims to preserve copies of contracts, etc. (although there are some clever programs that somewhat have the BTC Blockchain do that).
So I will stick with BTC as long as there appears to be progress on solving the scaling problem.