When it comes to which cryptocurrency is better, Bitcoin or Ethereum, the debate rages on. Both have their pros and cons, but there’s one big difference between the two that could make Ethereum the better investment in the long run.
That difference is called “flippening.”.
What is Flippening?
Flippening is a term used in the cryptocurrency community to describe the event when Ethereum becomes more valuable than Bitcoin. The word comes from the phrase “to flip a coin,” because just like a coin has two sides, there are two main cryptocurrencies.
And just like a coin can land on either side after being flipped, Ethereum could eventually overtake Bitcoin as the most valuable cryptocurrency.
Why Might Ethereum Flip Bitcoin?
There are several reasons why Ethereum might flip Bitcoin. First, Ethereum has more real-world applications than Bitcoin.
While Bitcoin is mostly used as a digital currency, Ethereum’s blockchain can be used to build decentralized apps (dapps). This makes Ethereum more attractive to businesses and developers, which could lead to more investment.
Second, Ethereum is faster and cheaper than Bitcoin. Transactions on the Ethereum network take a matter of seconds, while Bitcoin transactions can take up to 10 minutes or more.
And while there are ways to speed up Bitcoin transactions (like SegWit), they come at a cost. Ethereum transactions are also much cheaper than Bitcoin transactions.
Finally, Ethereum has a better chance of surviving a cryptocurrency crash than Bitcoin does. This is because Ethereum is newer and less established than Bitcoin.
When the crypto market crashed in 2018, Ethereum prices fell by about 85%, while Bitcoin prices fell by about 70%. This showed that investors were more willing to hold onto their ETH even when prices were falling, which could mean that they believe in its long-term potential more than they do for BTC.
Of course, there’s no guarantee that Ethereum will ever flip Bitcoin. It’s possible that another cryptocurrency could come along and overtake them both.
Or that regulatory issues could prevent widespread adoption of cryptocurrencies altogether. But if cryptocurrencies do continue to grow in popularity, then it’s certainly possible that we could see an ETH flippening sometime in the future.
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