‘Deflationary’ Eth2 could flip Bitcoin: Messari analyst

Senior research analyst at Messari, Ryan Watkins, predicts that Ether could overtake Bitcoin as the top crypto asset once its Eth2 overhaul is complete.
Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ethereum could overtake Bitcoin as the largest crypto asset once its Eth2 and Proof-of-Stake overhaul is complete.Appearing on Youtube show ‘FinTech Today’ on March 18, Watkins noted that while he does not know “if or when” Ethereum will flip Bitcoin, he does believe Ether could emerge as the leading crypto asset in the future, due to Eth2, stating:“The selling point of Bitcoin over Ethereum as a store of value asset boils down its monetary policy being very predictable and the Bitcoin blockchain being very secure. I think that with the shift to Eth2 and to Proof-of-Stake, […] Ethereum may actually potentially be more secure than Bitcoin.”Watkins also emphasized Ether’s changing underlying economics amid the Eth2 transition, highlighting expectations that Ethereum’s forthcoming burn mechanism will result in Ether being destroyed at a rate exceeding the creation of new supply.Ethereum’s monetary policy will actually change in Eth2 so that it actually won’t just be just be less inflationary than Bitcoin, it would actually be deflationary. So then, every year, there is actually less and less Ether in existence because it’s being burnt.”He posted the question: “If Ethereum is more secure and it [has] a stronger monetary policy, well then what is the bull case for Bitcoin in …
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