Don’t like eths unethical launch, don’t like it as a savings vehicle since you do not know the issuance, fee and burn rate or potential changes to them, don’t like not knowing where the value will accrue (L2s or main chain?), don’t like infinite defi tokens and the little scam games it enables, don’t like how censorable it is, and especially don’t like how Rube Goldberg software is inherently unreliable. It’s not revolutionary tech.

But I can definitely see it being a home for corporate L2s, that can help them take a cut from customer reselling of their branded digital assets (NFTs: coupons, memberships, tickets, art). Eth essentially integrates something like eBay into every company and that’s not nothing.

Will bitcoin allow for similar? If it can, do people really want all that stuff on bitcoin?