Bitwise CEO: Ethereum's Real Competitors are Web2 and Traditional Finance

On July 14, Bitwise Investment Company CEO Hunter Horsley stated that Ethereum is not actually a competitor to Bitcoin, but is challenging Web 2.0 and traditional financial services software. He predicts that in the next 6-12 months, the crypto market will move away from the idea that "all crypto assets are the same, only the market cap is different" and towards recognizing the unique use cases and opportunities of different blockchains. [Deep Tide TechFlow]