It is human nature to believe things you want to believe, and this is something many of us would like to believe. So use caution and really do your own research! But this is a very interesting commentary. He gets there by looking at the Gold Market Cap, Bitcoin’s Market Cap, and the need for bitcoin to grow by 25x to get there (will need to be about $500k per Bitcoin for that to happen). So, for all the reasons we have long tracked (Gold valuable because it is scare, portable, divisible. Bitcoin is better in all those areas).
So, if Bitcoin is up $25x, Tyler thinks Ethereum will also go up that far. But Ethereum is more than just a store of value. It is programmable. So he puts a bigger premium on Ether.
For more details on why he is so bullish on Ethereum see: