Replying to Avatar Gaz

Does it pass the Howey test ? No. Very likely an unregistered security and operating illegally.

Can it be shutdown by government instruction, by coercing a single person (Vitalek) or small group ? Yes

Censorable ? Yes, already happening.

Use cases that cant be done by Bitcoin layered stack ? Not that Ive seen

so .. value proposition ?
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zariOne 2y ago

Great points, thank you!

Do you believe in a world where only # bitcoin thrives? Without any government counter answer to money ( i.e CBDC)? I find it hard to imagine (Sure thing we’ll know to stay away but most of population won’t) so one use case for Ethereum, centralized and controlled as it might

It can be also be built upon, which ( excluding ordinals) Bitcoin can’t provide

Ethereum also gets burned successfully and gets scarcer

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B.O.P 2y ago

How does Eth become “Scarcer” when you can’t tell me how many Eth will be issued in the next 10 years? It doesn’t have a set in stone supply schedule like bitcoin, it’s all marketing and buzz words.

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Force2B 2y ago

🎯