Ethereum (ETH) is the Currency of Whatever Little Remains After Paying Gas Fees

Mike Novogratz shared:  ETH is the currency of culture.

 COMMUNITY RESPONSE:  ETH is a slow old and expensive technology.

You do realize pretty much everything is built on ETH.  You do realize Bitcoin has the highest Market Cap and it takes 15 minutes for a transaction. You do Realize almost all projects that were built on ETH are leaving that network for other chains.

ETH is the currency of whatever little remains after paying gas fees.

The reason is that ETH was one of the first projects in the crypto world. PoW is no longer in line with current energy and climate policies.  It is obvious that the future is PoS. That is why ETH tries so hard to make the switch. However, it won’t be possible.

Ha. The guy who got ETH for a dollar straight from Vitalik is saying it. Terrible Money.

Terrible money, maybe, but being used as a money for purchase and trade.  Definitely, NFT ETH.

No, Mike. It’s the currency we tolerate using but not for much longer as other L1’s are growing with Dapps.  We like without the high fees of ETH. Promote all the narratives you want but, I don’t take unreasonable and unpredictably high fees very kindly.  Low Quality Tech with high fees, unscalable, slow. That is Ethereum.

It’s the currency being pushed by already wealthy insiders who care nothing about the less privileged who can’t afford the gas fees.

If they are not focusing on the less privileged and others who cannot afford gas fees, then why is their focus all on the scaling solutions?

Mike, we know your bought one million ETH from Vitalik over the counter for $1 each

ETH is the culture of high gas fee? Or is it the culture of corruption? Or SEC free pass against level playing field? Which one are you agreeing with? Or all of them? Until now, you still hype about it without seeing it through.

You are joking right? Next week you’ll say that UDT Terra is the best stable coin too.  Mike you are always trying to pump your bags.

What culture? Every scam, Rug pull, Ponzi is also built on ETH.

Keep in mind Solana goes down and Avax gets congested. ETH doesn’t have either of these issues. But it does sacrifice speed and cheap gas. There is Pros and cons to everything. ETH is a growing technology.

The currency of a broken culture, where a small group enriched itself with the premine and changes key metrics of a “dencentralized currency”.