@solidaus

Ethereum is Tethered to VISA.😮 Tradfi-sophisticated mkt participants like Peter Thiel use gold as a comparison for BTC and Visa as a comparison for Ethereum. So according to them, Bitcoin's natural Schelling point is at gold's mkt cap of 💲15t while Ethereum's languishes at Visa's 💲500b. This is why the Bitcoin is attractive to Tradfi and Ethereum is not. At current net liquidity levels, BTC has an upside potential of 10x while ETH has barely any. This is also why 💲SOL is more attractive right now because it could go up 3x from here to match Visa. 💲VISA's market cap will likely increase when rates come down and net liquidity goes up. It's one of the best proxies for M2 money supply as revenue is tied to overall transaction volume in the fiat system. So Ethereum will also go up, but it probably will not have violent upside 💲BTC.

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