yes, because they don't have an answer to fragmenting distribution so that not every replica is a literal replica
this is something that we have with #nostr so long as we don't let the #blastr model of gossip... actual gossip, take over the data distribution task
we have time to sort this out, we have NIP-65 and NIP-42 and NIP-66 and we can even, god forbid - but likely - cooperate with competitors of ethereum to scale up some segments of the network to cope with larger, but not total distributions of users
all those shitcoins have a promise of decentralization to fulfill on, and part of what that means will literally be being able to withstand massive adoption
i think that for the most part, the "NFT and other shit" use case will become of diminishing importance when the scale problem really becomes clear over the next few months as fartcaster farts out to oblivion