Global Feed Post Login
Replying to Avatar SATsVenture

Ethereum is a tech company that released a securitised token. They kept a large portion of the supply , gave some to their buddies and can increase supply by the push of a button.

It’s built on proof of stake , essentially benefiting those who hold more of it; an incentive to buy more.

Think about the founders and members behind ethereum. Think about their staking benefits . It’s a money printing machine for early developers and investors .

There’s no true utility , and even if you argue there is , it’s not a Bitcoin competitor . It’s just another tech company , nothing special .

nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 thanks for the insight on some of your ethereum YouTube videos on 88 SATS Radio

https://youtu.be/A1DJS45zOLw?si=H423AGLh_Qfpk_cj

#ethereum #bitcoin #btc

Avatar
tangle 1y ago

Have you tried using the “tech company” though?

I really appreciate opinions from people who have tried it out rather than boo from the sidelines.

Genuinely want to know where people are at before engaging too much more.

Reply to this note

Please Login to reply.

Discussion

No replies yet.