They have been highly correlated, but it’s just the slowest demonetizing shitcoin. ETH has followed in Bitcoin’s footsteps, not the other way around. That is the difference.
Discussion
Maybe...
The thought just occurred to me: Does the amount of wrapped BTC on the Ethereum blockchain make Ethereum the first drivechain?
I might have to think more about that. I already think drivechains are pure AIDS, but having a drivechain running on ethereum is like AIDS + cancer.
I can’t worry about all this nonsense. Just stack a scarce asset that I control. Left bell curve is the place to be.