Refutation of the claim that ETH will surpass BTC by a factor of 100

Recently, Tom Lee of Fundstrat Capital mentioned in a livestream that BMNR has established the world's largest reserve of over 800,000 ETH. He argued that ETH today is similar to Bitcoin in 2017 (rising from less than $1,000 to over $114,000 today), and that ETH will surpass BTC by a hundredfold. Netizen @BastienSinclair refuted this claim. He argues that based on the laws of network dynamics and consensus, ETH (Ethereum) will never "overthrow" BTC. He has seven key points: First, BTC is the only trustless base layer. 1.1 BTC is the world's only truly decentralized, immutable, and censorship-resistant currency network. 1.2 Proof of Work (PoW) enforces thermodynamic costs and real-world anchoring. Second, BTC runs on a PoW hashrate of approximately 1 zettahash per second. (Note: 1 zettahash per second is equivalent to 1,000 exahashes per second, approximately 10^21 H/s) 2.1 ETH abandoned PoW and transitioned to PoS—BTC currently runs on a raw hashrate of approximately 1 zettahash per second. 2.2 The security of energy-backed security cannot be forged and is independent of politics. Third, Proof-of-Stake (PoS) is inherently human-governed. 3.1 PoS is a political mechanism, not a security model. 3.2 Large coin holders dominate consensus—whoever controls the most ETH controls the power of the conversation. 3.3 Zero external costs = zero cost of evil = forced return to trust. Fourth, ETH has changed its rules numerous times. 4.1 The DAO bailout (2016): Rewriting the historical ledger. 4.2 The major merger and upgrade (2022): Subverting the consensus mechanism. 4.3 Future uncertainties? Everything is subject to change. 4.4 BTC's rules are rock solid—consensus ≠ governance. Fifth, winner takes all: network effects are a foregone conclusion. 5.1 BTC is a currency, Ethereum is a technology stack. 5.2 Monetary networks are zero-sum and reflexive—the optimal store of value asset will devour others. 5.3 BTC has triumphed over the Lindy Effect. (Note: The Lindy Effect refers to the fact that the longer something has existed, the more likely it is to continue existing in the future—just like time-honored brands, classical theories, or enduring things like Bitcoin—the longer they survive, the more likely they are to survive in the long term.) Sixth, the monetary premium is indivisible. 6.1 BTC's core value lies in absolute scarcity and trustless finality. 6.2 Ethereum's competitors are over twenty public chains, including Solana and Avalanche. 6.3 BTC's adversary is fiat currency itself. Seventh, BTC is resistant to capture. 7.1 Proof-of-Work (PoW) achieves physical defense through energy, geographical distribution, and hardware. 7.2 Proof-of-Stake (PoS) chains could be controlled by regulators or whales. 7.3 Who would you trust to provide the monetary base layer? Miners or stakers? The above is the perspective of @BastienSinclair. Dear readers, what are your thoughts and opinions on this? Feel free to share them in the comments section. ... On Wednesday, BTC fluctuated around 114,000. USDT 7.15, USD/CNH 7.18. The US dollar index fell to around 98.5. Gold continued to fluctuate at a high of $3368.