1/ Many of the SV / SF / VC / HF think ETH or another smart contract platform will win because “more people are building apps on it.”
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Highly valuable seems to be a subjective measure vs. “valuable enough to deter bad actors.” In realty we don’t know what price point makes PoS ETH secure enough. It’s worth testing, no? Also, the monetary policy under Casper *should* be more conducive to supporting ETH as a SoV.
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It’s worth testing for sure. I am excited to see the free market play out. Simply expressing the view that the currenty priced probability of ETH beating BTC for SoV being at 45% might be a bit too high.
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I would put the probability of ETH beating out BTC as SoV at "when pigs fly".
End of conversation
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