Ethereum will flip Bitcoin and this is why.
INFLATION!!
It's no secret that inflation is a serious issue, but the rising cost of energy is out of control. In fact , over 20 million Americans are struggling to even pay their electricity bills, with Europe's energy crisis being much worse. With Ethereum merge now set for the middle of September. The second largest blockchain in the world will switch over to proof of stake and reduce it's energy usage by 99% . On the flipside , Bitcoin consumes more energy per year than the entire country of Argentina. And with the fall of Bitcoin's price this year , hundreds of Bitcoin mining farms have been forced to sell their crypto and their mining rigs.
The problem is that when bitcoin loses miners, it loses hash power, and when hash power gets low , the price goes even lower. With energy prices being so high and continuing to rise, mining bitcoin might not yield any profit , leaving the throne unguarded for Ethereum to take over.
Do you think that the flippening is upon us ?