Part 14/17:
Lane states that Bitcoin's greatest threat is regulatory pressure or governmental control, owing to its permissionless design—but emphasizes the biggest challenge to Ethereum is obsolescence—becoming outdated in terms of security, decentralization, or application utility.
Ethereum’s ambitious upgrades (the Merge and sharding) are massive undertakings with unprecedented risks. Despite its thorough testing, the complexity of transitioning from PoW to PoS could introduce bugs or vulnerabilities.
He points to multiple network outages in competitors like Solana as cautionary signals—and highlights the importance of diverse and tested implementations to mitigate risks.