Wrong again, Sir. Bitpay was created to allow businesses to accept bitcoin, but get the exact amount in fiat. That was their original purpose and even says so in the name.
Yes, until changing bitcoins to fiat becomes useless.
Then what will their business model be? ABC supports a securities platform. Problem is, securities already destroyed Ethereum and they will destroy ABCs coin.
...and the verdict is still out on whether ETH is really "destroyed". That notion is a bit premature when someone knows just a little bit of crypto history.