A lot of developers still build for fiat, aka non crypto fintech apps because it is a bigger market. bitcoin is clearly in the future going to be a bigger market, but for a lot of devs, they look for ecosystem maturity, size, investments TODAY, and so ethereum is that for them. plus there is a substantial primary market for token issuance, so thats a major factor.
at the end of the day they can always migrate to bitcoin later is their thinking.
A lot of developers still build for fiat, aka non crypto fintech apps because it is a bigger market. bitcoin is clearly in the future going to be a bigger market, but for a lot of devs, they look for ecosystem maturity, size, investments TODAY, and so ethereum is that for them. plus there is a substantial primary market for token issuance, so thats a major factor.
at the end of the day they can always migrate to bitcoin later is their thinking.