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