Anything useful which can be built on Eth can and will be built on Bitcoin's secondary layers. Over time we will figure out which is the best 2nd or even 3rd layer protocol for medium of exchange, defi, smart contacts etc. I believe Liquid Bitcoin has some interesting developments. In the meantime, we should focus on the best store of value ever created promoting MoE. Because monetary networks eventually converges of the single best one @Ken Berry, MD.

I'd prefer Bitcoin just stay as money. Use something different for compute

This is a very beefy read but its worth noting imo. It takes a very academic look at the " crytpo" space in general. Critiques its parameters. Very well done by our boy @allen also @Guy Swann has an audible verison of your prefer that. Itll give you a better framework for understanding its issues. https://www.uncerto.com/only-the-strong-survive

The problem is that it attempts to hold up the value of a literal monetary good, through some arbitrary compute “utility.” It’s simply not going to work. We will be able to do all of those same things *without* some huge, messy, blockchain with a very poor security system destined to end up centralized anyway. In the end ETH must compete as money. And if you aren’t willing to hold it and only want to use it for “its utility” whenever it seems to be relevant, you’re explaining exactly the dynamic that will eventually kill the whole system

YES #YESTR

I basically agree with you. I think blockchains should only be used for the technology of Money (double spend), and all other technologies, including arbitrary compute, information storage and transfer, etc. are all better served by sovereign peer to peer systems + reputation protocols

Anything that can be done on Ethereum can be done with #Nostr and ecash.