1Confirmation founder: In the future, there will be many means of storing native value on the Internet, but currently only BTC and ETH

According to Nick Tomaino, founder of 1confirmation, ETH is expected to surpass BTC, and its key advantage is the rich application ecosystem. He pointed out that while BTC was the first cryptocurrency to grow from zero to more than $2 trillion in market capitalization, it has now become the asset of choice for institutions and governments, and a single entity even owns more than 2.5% of BTC.
In contrast, ETH, as a trusted, neutral, internet-native store of value, builds a development platform that includes applications such as stablecoins, decentralized finance, NFTs, prediction markets, and decentralized social networking. He believes that these application scenarios will bring crypto technology to billions of people, making ETH even scarcer as a store of value. Finally, he said: There will be many options in the future, but there are only two viable options today: BTC and ETH.