Wednesday, August 18, 2021

What Happens to Bitcoin in the Event of an Ethereum Flippening?

Ok, we've seen it in the headlines this week.

I am not saying this is going to happen, but lets address the speculation.

Some analysts are claiming Ethereum is heading into a liquidity crisis. Some even speculate the price will skyrocket as more and more ETH gets burned. If this happens, the hordes and masses will start rushing in, potentially leading to a flippening.

What happens to BTC if ETH takes the lead in market share? The biggest argument for BTC is that it's king, and will always be king.

What happens if it's no longer king?


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