I getting the feeling that bitcoin would not retain its position if the defi and yield farming continues. This new concept of mining has an easy way than a regular mining via equipment so probably there are miners who knows how to trade will be interested with these kind of business.
Considering eth will shift to PoS isnt it convenient when they already there? The only choice of miners is to find a new coin to mine or shift to a different approach of farming which is we know gave a lot of profits.
Im positive either yfi, eth, dot could reach bitcoin marketcap but not now, maybe few years depending on the intense of defi now.
Stop joking, there is too much at stake and too many interested persons. Bitcoin has long become a common speculative asset to make money on which many sharks will run into. Now the hype around the new
ICO DEFI will subside and everyone will plunge into a bear hibernation for four years