Ethereum Researcher Throws Shade at Bitcoin’s Longevity—’Digital Gold’ or Digital Ghost Town?

An Ethereum insider just dropped a bombshell—questioning whether Bitcoin has the legs to survive another decade. Meanwhile, Wall Street still can’t decide if crypto is an asset class or a high-stakes meme.

Here’s why the debate matters: Bitcoin’s ’store of value’ narrative faces its toughest critic yet—a blockchain rival’s brain trust. No numbers, just pure ideological combat.

Pro tip: When crypto researchers feud, grab popcorn. And maybe hedge your bets—because nothing says ’mature market’ like experts publicly doubting the OG cryptocurrency while VCs keep writing checks.

BlackRock Reportedly Targeting Major Stake in Upcoming crypto IPO

He also dismissed layer-2 scaling solutions and newer projects like Ordinals and BitVM as temporary fixes that fail to address the underlying issue of declining miner incentives.

Drake concluded with a sharp message: unless Bitcoin’s monetary and consensus models are restructured, the network could face existential risks as its security budget erodes.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

SHARE: 0 SHARES