According to online reports, Bitwise CEO Hunter Horsley said that Ethereum is not competing with Bitcoin. Its real competitors are Web 2.0 and traditional financial services software. Over the next 6 to 12 months, the crypto market will emerge from the CoinMarketCap era, the idea that each crypto asset is just a different market value and everything else is the same. We will begin to realize that opportunities are diverse between different blockchains, just as applications on the iPhone, although similar in the underlying technology, are vastly different in use and business potential.