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I think you are right. Is ETH bad now?

Always has been

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It used to be called the safer BTC

That has never been the case. It was always a security. That and the whole pre-mine thing.

The Bitcoin maxis are the intelligent adults in the room

Yeah, I think that was before people realized that nothing needs to be on blockchain except money if the blockchain needs the state

What was the tech side of it? I only knew about .eth domains but not sure how it ties to crypto

(I should have said that if a blockchain needs the state, then even money doesn’t need to be on it, just use state servers without the blockchain)