I believe Bitcoin profit is what matters ONLY if bitcoin prevails in the long run.

The way I see it, Bitcoin has a first mover advantage and market awareness, but it is flexible as a distinct dinosaur. In the past 2 years I have seen no real innovation to the protocol, and hardly any applications built on top of the protocol.
In the past 6-months, i've seen magnitudes of innovation in other alts, whereas Bitcoin's development came from market acceptance, but not technological/application innovation.

I've seen the same thing in usenets in the early 90s. If you don't innovate, you will be left behind.
Microsoft, the undisputed king of software learned it the hard way.
Nokia, the undisputed king of Mobile learned it the hard way.

Bitcoin is not immune, and Blockchain 2.0 can leave Bitcoin a conglomerate of the past.

I do not know BTCdrak, but I know he is a very smart guy. I follow his posts.
Nonetheless, if BTCdrak had said that he is going to develop ClearingHouse by himself, ground-up, I would not have invested as this seems a heck of a task.
IMHO, the fact that he is going to integrate a proven architecture as CounterParty to be the foundation of ClearingHouse makes the project much more viable, secure, fast, and reliable.

Then again, only 4 days have past from the Viacoin launch. I can't expect him to deliver THAT QUICKLY...

My 2cents.