A topic as old as time, if time was a few years old – will Ethereum flip Bitcoin in terms of total market cap? Will ETH overtake BTC?

This has been the “to be or not to be” in the cryptocurrency industry, and it pins communities against each other like no other. It’s true that BTC has been the predominant market leader ever since it has been created, but a few years ago, who would have thought that another cryptocurrency would have a market cap worth over 40% of Bitcoin’s? Well, that’s the case for Ethereum today.

So, we decided to do what any sane person in 2023 would do – ask an AI language model what it (?) thinks. ChatGPT is all the rage in 2023, so who better to ask?

Can Ethereum Flip Bitcoin?

First things first, we prompted ChatGPT with this exact question: “Do you think Ethereum’s price can flip Bitcoin’s price in the next 5 years?”

The AI came back to us, explaining that this is an outcome that’s “uncertain and depends on various factors.”

These include:

• Adoption Rates

According to ChatGPT, Ethereum’s robust ecosystem and use cases, such as DeFi, NFTs, and whatnot, could help it flip Bitcoin.

Ethereum’s broader use cases, such as DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and smart contracts, could potentially drive wider adoption and thus increase its value relative to Bitcoin.

Here’s where it got kind of interesting. You see, ChatGPT’s most recent knowledge cut-off on this topic was in September 2021. This means that it was before Ethereum transitioned to Proof-of-Stake.

That said, the second factor, according to the AI, is:

• Network Upgrades

ChatGPT argues that “the successful completion of Ethereum’s planned upgrades, such as Ethereum 2.0, could significantly affect its price. This upgrade plans to improve the scalability, security, and sustainability of Ethereum, which could increase its attractiveness to investors and users.”

Well, Ethereum’s transition to proof-of-stake, otherwise known as “The