From the comments

If it is indeed the case (very plausible) that the current crypto prices are highly overvalued but web3/crypto adoption becomes very mainstream and the gains do not accrue significantly to holders of many crypto assets that would redirect the investor energy towards Bitcoin aka “digital gold” by these investors and push the price of Bitcoin very high.

This would be a funny way how the Bitcoin maximalists win.

That is from Naveen K.

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