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 .
Jor (npub103m…d3h5) 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
SatsVenture / SATsVenture
npub1hj…349xa
2024-09-24 03:03:23
Author Public Key
npub1hjsczmzxaqny040cr3qlxp2ru68gjz0e9lgls39ygzhv043astqq8349xaSeen on
wss://relay.damus.ioPublished at
2024-09-24 03:03:23Event JSON
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"content": "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. \n\nIt’s built on proof of stake , essentially benefiting those who hold more of it; an incentive to buy more. \n\nThink about the founders and members behind ethereum. Think about their staking benefits . It’s a money printing machine for early developers and investors . \n\nThere’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 . \n\nnostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 thanks for the insight on some of your ethereum YouTube videos on 88 SATS Radio \n\nhttps://youtu.be/A1DJS45zOLw?si=H423AGLh_Qfpk_cj\n\n#ethereum #bitcoin #btc",
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