That ETH is a shitcoin

Trumpcoin

Ditch the ETH and stack more corn

Ethereum is a shitcoin. It is actually the mother asshole from which all shitcoins spring. It is a centralized Proof-of-stake currency, which means the people who own most of it get to dictate consensus, which makes it work similar to our current fiat system.

ETH is a failed project

I recorded this for that question 🤙

Spotify

Bonus: Crypto

The Holotropic Renaissance Lecture Series · Episode

One additional resource if you're interested (if you have more than $1000 in ETH you should be interested)

ETH is a scam. It solves nothing, and recreates the fundamental problems of fiat by moving the centralized power of the federal reserve board to a small group of soyboy nerds. This website will clear up all the misconceptions 👇 https://whybitcoinonly.com

XMR (Monero) :monero: . The only other coin respected by the most relevant btc devs and researchers.

The simple version: Money has the ultimate network effect, and its core values are in TRUST, liquidity, and stability (not price, but supply). The value is not in payments (this has always been served by a million layers on top), wingdings, “smart contracts,” writing stuff on it, or the million other arbitrary “improvements” that a million shitcoins sell people on. The “crypto” market is something that will consolidate over 30-50 years with the trend we have seen from the beginning. And everything that isn’t Bitcoin will slowly die, in my humble opinion… ETH will be a particularly bad one. Their “staking” system for “security” is a disaster of permissioned, unreliable nonsense. Trust is the last thing they have built and everyone wants it for hyped up marketing nonsense that has no lasting staying power. Want the in depth version: I’ve covered thousands of hours of the history of money, network effects, Austrian economic theory, and crypherpunk history on my show, Bitcoin Audible

ETH is seed oil

Nothing! Maybe have some Monero around if you need to do an anonymous transaction.

Everyone commenting here isn't wrong about POS and the downsides of ETH, but it is absolutely worth looking into the rich smart contract ecosystem, EVM and creative dApps that the Ethereum people have built. Personally, I consider Bitcoin *Money* (and the only real money we've ever seen), but Eth can jump in for some useful decentralized compute here and there. I wouldn't _stack_ Eth, but its nice to have some around to interact with applications.

Looking into this

Check this presentation by @jack mallers Clears things up and is easy to digest

☝️☝️☝️ @Ken Berry, MD I know I've been spamming you with YT guest recommendations since you joined here, but @Guy Swann would be another absolute banger. Best bitcoin/libertarian/anti-fiat ranter in the business. Preview:

X (formerly Twitter)

Guy Swann (@TheGuySwann) on X

"Your dollar ain't shit" @AintGottaDolIar But have you ever asked yourself why? We're getting scammed & we ought to understand how... #CBDC...

the small m/mETH can be useful 4 limited application during limited times dmyor/dyor

mETH isn't dope?

Let me paint a picture: if Bitcoin is a prime steak, eth is a gallon of hot canola oil.

Just watched it!

Sense to ditch your ETH

Anything useful which can be built on Eth can and will be built on Bitcoin's secondary layers. Over time we will figure out which is the best 2nd or even 3rd layer protocol for medium of exchange, defi, smart contacts etc. I believe Liquid Bitcoin has some interesting developments. In the meantime, we should focus on the best store of value ever created promoting MoE. Because monetary networks eventually converges of the single best one @Ken Berry, MD.

Sometime 3 hours is all you need if you are humble enough to #askNostr and actually listen 🤩 well done sir. 🫡

ETH is a SHITCOIN sell that shit before it’s too late

That is the way Doc 🙌🏽

I'd prefer Bitcoin just stay as money. Use something different for compute

The problem is that it attempts to hold up the value of a literal monetary good, through some arbitrary compute “utility.” It’s simply not going to work. We will be able to do all of those same things *without* some huge, messy, blockchain with a very poor security system destined to end up centralized anyway. In the end ETH must compete as money. And if you aren’t willing to hold it and only want to use it for “its utility” whenever it seems to be relevant, you’re explaining exactly the dynamic that will eventually kill the whole system

YES #YESTR

I basically agree with you. I think blockchains should only be used for the technology of Money (double spend), and all other technologies, including arbitrary compute, information storage and transfer, etc. are all better served by sovereign peer to peer systems + reputation protocols