I like you am a BTC Maxi interested in the cultural penetration that ETH has achieved. I go to an eth meetup, I meet artists, writers, developers, musicians, socialists, capitalists and finance people and more. I go to a bitcoin meetup and the diversity of ideas is not the same.
Discussion
interesting, and not too surprising I guess. we definitely need more of that energy in the bitcoin space.
1/2 It is interesting, and don't get me wrong, I LOVE bitcoin. It is ultimately going to win. But, for example, digital media visual artists, even with the flawed system of NFTs are finally seeing a market for their art.
My impression of Ethereum people is that they say they care about decentralization but does not run their own node. Most ethereum users today gets royally fucked if OpenSea doesn't agree with them. That is extremely beta behaviour.
You've got NFTs where the digital media is stored in a centralized location on corpo servers (OpenSea). What the fuck is the token even worth if it only contains a link to some kind of media? Some try to fix this by storing a IPFS hash but IPFS isn't a good replacement at all
Worst of all, Ethereum is going to be PoS and ethereum users are applauding it and try their best to attack Bitcoin's PoW with ESG clown narratives. It's utterly disgusting imo.
Yup not to mention PoS just replicates what's broken with our current financial system. eth was dead to me after the dao hack that showed how it's just a slow, shitty centralized databased controlled by a few people.
I didn't pay too much attention to the space at the time so I wasn't there when it happened but Ethereum was dead to me as well when I learned about the DAO hack
You are right, many don't run their own node. But many do care about decentralization. In the end, for artists playing with NFTs as the medium, ETH is the most decentralized solution with the least friction to do what they want to do. But to many, it's just about quick $$.
If you care about decentralization you'd run a node, there is no way around this. And it seems like the shitcoin community in general just happily rely on third parties to interact with their favorite blockchain which is insane
Fair, and you're right in some sense. But then that simply makes this entire thing exclusive to people that can. Grandma will never run a node.
I agree that, with the solutions we have today, not everyone will run a node but your grandma would most likely trust your node and IMO it's better to trust a close relative or friend group with their node than a corporation's node