Charles Hoskinson believes that with its scalability and governance advantages, Cardano is expected to surpass Ethereum, while predicting that Bitcoin DeFi will leverage Bitcoin's security and liquidity to challenge Ethereum's dominance. He argues that Cardano's peer-reviewed EUTxO model offers predictable fees and decentralization features, which contrasts sharply with Ethereum's reliance on rollups. The key to competition lies in execution: Ethereum's adaptability, Cardano's rigorous architecture, and Bitcoin's liquidity moat.

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