That is a good question. My answer is NO.
- Competition stimulates business.
- More people use Bitcoin. In the Ethereum ecosystem are more techies.
- 1 Bitcoin is more valuable than 1 Ether. But a lot of people ignore this.
- New Ethers are added inflationarily, without any ending. New Bitcoin are produced in the course of time less and less. BTC is trimmed for value retention and not designed as programmable money. Ethereum is the network of programmable money at the moment.
- RSK is working on Smart Contracts for Bitcoin. Why do I have to write business logic into a blockchain when only a few people need it? Memory in the blockchain is expensive and should only be used for account balances/transactions. But the problem is scaling and not smart contracts.
- Bitcoin is the safest blockchain. Ethereum has many challenges. It is good that there is competition in money. That's why I am able to use the best money for myself.
I will ask another question:
Are Bitcoin and Ethereum dictatorship or democracy?