BITCOIN DOESN'T HOLD CRYPTO HOSTAGE

Summary from the TLDR Crypto newsletter

Ethereum is technically and economically independent of Bitcoin and would continue running its stablecoin rails, DeFi ecosystem, and ETH burn even if Bitcoin vanished. Quantum-computing risks currently spooking Bitcoin are largely Bitcoin-specific, since Ethereum has long hidden public keys behind addresses and plans to adopt quantum-safe signatures. This suggests that in a true Bitcoin failure scenario, ETH would likely inherit Bitcoin's monetary premium as the default money of the internet rather than see “internet money” die altogether.