If you fast-forward to 100 years or so in the future, what do you think we’re going to be building on what? Will Bitcoin have more applications than Ethereum for example?
That’s impossible to answer, I can’t even answer that for 1 year. What applications will be built on top of Bitcoin, what applications will we build on top of Ethereum… my general attitude is this:
The designers of these systems do not get to decide what niche their system will fit in. They may have an idea about where they want it to fit in, but inevitably the market decides what applications are best suited for each one of these systems, and it may be very different from what the designers had in mind.
The designers of the internet were creating a network to survive a strategic nuclear attack against key routing elements in the network, and to maintain connectivity of military sites. Cats videos was not part of the brief, and yet here we are – 1,000,000,000 instantly accessible index cat videos with artificial intelligence software that can identify which ones are cat videos.
So… what they built it for, what it ended up being… not exactly a match. I predict that we will be building cat applications on bitcoin. Just human nature.