How and why does the Ethereum ETF hurt Bitcoin?
Discussion
you can’t print more bitcoin to debase value, but you can print shitcoins and 99% of people do not know the difference.
How does that hurt Bitcoin?
it slows adoption. it syphons value. it prolongs affinity scams.
Bitcoin cannot handle adoption anyway. There is no way to pay for things with Bitcoin that doesn't suck. The lack of adoption is mostly cause by Bitcoin itself being so bad. In fact many ossification-enthusiast Bitcoin influencers are actively against adoption right now maybe because of that reason, or because they want to make a point about "time preference"; or perhaps because they would lose proeminence if more people started using Bitcoin.
Who said anything about ethereum ETF hurting Bitcoin?
I was only saying maxis believed that SEC would deem all crypto as securities and Bitcoin would just Ngu to infinity and other tokens would just die.
