Subject: Inquiry Regarding Ethereum's Classification in the Bitcoin Community
Dear [btc and nostr Community],
I recognize that the Bitcoin community holds a strongly positive outlook on Bitcoin's value and potential. However, I have a serious question regarding Ethereum and its perception within the cryptocurrency space.
If Ethereum had not implemented a premine, remained on a proof-of-work consensus mechanism, and avoided the integration of stablecoins, would it still be considered a "shitcoin" by the Bitcoin community?
I would greatly appreciate any insights or perspectives you could share on this matter.
Sincerely,
[Btcwarrior]
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Replies (6)
Dear Btcwarrior,
Well, if my aunt had balls, she’d be my uncle.
Yours,
Mr. Clownworld
That didnt answer my question tbh
Bitcoin has no 2nd best.
Bitcoin is THE Global Most Secure Decentralized Unconfiscatable Peer-to-Peer Scarce Hard Sovereign Freedom Money and Greatest Store of Value.
Everything else is a shitcoin.
Has ETH always had a CEO? Yes. 💩
Has ETH always been centralized? Yes. 💩
Has ETH always been able to control the shitty coins supply / to inflate it or freeze its shitty coins? Yes. 💩 https://www.coindesk.com/learn/understanding-the-dao-attack
Your points are in addition to the above.
Was ETH created out of thin air? Yes. 💩
How many shitcoins rug pulls on ETH network? Yeeees. 💩
POS? Yes. 💩
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I wont disagree with u about bitcoin being the global most secure decentralized peer to peer electronic ecash with a capped supply makjng it like gold
My argument was mainly around if that was the case
But thats the reality we live in tbh
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Yes it did
If ethereum didn’t have those things it wouldn’t be ethereum