Would Ethereum and similar projects have a negative impact if this happened?

[kevinzxz]

hi, in my opinion what can make Ethereum and similar projects survive is its smart contract system that can be used by new projects to make their own coin (sorry if I'm wrong), but if one day Bitcoin makes a smart contract system too and can be used by other projects to make their own coin such as smart contract on Ethereum system, then will Ethereum and similar projects survive? because as we know Bitcoin is very popular and many people invest in Bitcoin (BTC Dominance in cryptocurrency market is 66%), so surely new projects prefer to use smart contract from Bitcoin and it makes smart contract on Ethereum and similar projects less likely to be used (few will use them), so will that have a negative impact on Ethereum and similar projects?


*Note : I apologize if my opinion is wrong,
thanks.

[DoubleAweSeven]

There's no such thing as wrong opinion so don't worry, but I think it's a no because it's still up to people to decide whether they would use Bitcoin or not (if Bitcoin somehow got a smart contract in the future). Ethereum is the most famous cryptocurrency that has smart contract yet some people still use Tron, Cardano, NEO, etc.

[JHORN]

It's not possible for Bitcoin to go smart contracting because that's not the aim of its creator (Nakamoto), bitcoin wasn't build with smart contract ability in mind and also bitcoin creator perfected bitcoin and stay anonymous till date because of so many reasons, bitcoin is perfected and nothing can be added anymore

[jrrsparkles]

Bitcoin is not created for smart contracts so in future as well its unlikely to happen, ethereum survive because of its smart contracts but still hundreds of different coims are available with somewhat similar features but still ethereum stands still in the market so no need to worry about the future of ethereum its on the brighter side.

[Nivia1st]

Bitcoin is not intended for the Dapps platform or smart contracts. Bitcoin was created as a decentralized currency and aims to replace FIAT. so it is impossible if bitcoin has smartcontrac services in the future.


and what if that happened?
In my opinion, if Bitcoin had a service like this there would be a lot of noise in the market. this rumor will be used to create a bull market, and will probably double the market cap in just a short time.

then will coins with the same concept die?
I don't think so. just look at ethereum, there are many platforms that are better than him but nothing has changed. ethereum is still around and popular.

So if bitcoin had smartcontrac service it would only make the market better. but will not make other popular coins die first.

[cryptomaniac_xxx]

Bitcoin has blockchain, it was not design to have dapps or smart contracts so I don't think this will happen in the future. And that is why Ethereum was design by Vitalik not to compete with bitcoin and have it's own real life usage and utility. You can see that it has succeeded ever since, so bitcoin has it's place as micro payment, store of value, while Ethereum is for dapps and smart contracts.

[so98nn]

Altcoins do not form the basis of crypto space. It is just impulsion that is created as we had chance to do so over blockchain. Over the time it became apparent it's just model to lure people to invest money and gain profits. I'm talking about the project makers and not the investors. These people gain huge money, and that's the only goal they keep in mind.

Gone those days of making perfect plans, roadmaps which had actual targets.

Moreover, I don't see any connection between altcoin investment and it's principle relationship with the bitcoin. It will be an independent entity always.

[tycsols]

hi, in my opinion what can make Ethereum and similar projects survive is its smart contract system that can be used by new projects to make their own coin (sorry if I'm wrong), but if one day Bitcoin makes a smart contract system too and can be used by other projects to make their own coin such as smart contract on Ethereum system, then will Ethereum and similar projects survive? because as we know Bitcoin is very popular and many people invest in Bitcoin (BTC Dominance in cryptocurrency market is 66%), so surely new projects prefer to use smart contract from Bitcoin and it makes smart contract on Ethereum and similar projects less likely to be used (few will use them), so will that have a negative impact on Ethereum and similar projects?


*Note : I apologize if my opinion is wrong,
thanks.

Ethereum is the king of smart contracts and if you see the statistics it is the most used and popular smart contracts network so i think even if they are available on btc still ethereum will remain number one as there are dozens of factors involved that decide the choice.