I'm citing highlights that they discussed in the podcast which surprised me. One of them being: Trace Mayer said of Ethereum that it might have been an unlicensed securities offering and that they should be looking over their shoulder if there is going to be some enforcement actions. So looking over their shoulder for the SEC not BTC. At this point Ethereum does not have to look over its shoulder for Bitcoin because Bitcoin is still in the lead. You should listen to the interview before leaving comments.