More Bad News For Ethereum
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In this video, I discuss recent troubling developments in Ethereum, including the revelation that the Ethereum Foundation now needs to dump about $100 million worth of ETH every year in order to pay salaries and grants.
Meanwhile, all real economic activity is in the process of leaving Ethereum, as the scam further unravels.
Thanks to its large premine, living and active founder, history of dev-driven hard forks, road map, and move to proof of stake-- Ethereum can never be ultrasound or neutral money. It will continue to lose value against BTC forever.
Not investment advice! Consult a financial advisor.
Ethereum turns 9:
https://x.com/VitalikButerin/status/1...
Ethereum Foundation burning through $100 million every year:
https://x.com/AyaMiyagotchi/status/18...
https://decrypt.co/246683/ethereum-cr...
So much grift and waste:
https://x.com/gladstein/status/182749...
Spot which one is not a commodity:
https://x.com/Pledditor/status/182736...
Ethereum community wants more centralization, not less:
https://x.com/QwQiao/status/182711811...
Bankless guys celebrating ETH spot ETF approval:
• THE $ETH ETF IS OFFICIALLY APPROVED!
RUMOR: Vitalik Buterin has a girlfriend!
https://x.com/CPOfficialtx/status/181...
Did Vitalik Buterin’s girlfriend stall Ethereum development?
https://cryptonews.net/news/ethereum/...
Ethereum enforcing OFAC compliance at the base layer:
https://www.mevwatch.info/
Bankless guys worried about ETH sustainability:
https://x.com/TrustlessState/status/1...
Biggest pileup of ETH futures shorts since Dec 2022:
https://x.com/zerohedge/status/182784...
Vitalik dumped 25% of his coins:
https://themerkle.com/ethereum-develo...
Vitalik is worried too:
https://x.com/VitalikButerin/status/1...
Ethereum scam thread of videos:
https://x.com/GhostofWhitman/status/1...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
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