Bitcoin folks are against central bank digital currencies (CBDCs) and want to prevent CBDC development
ETH folks are pushing for CBDCs and want to accelerate CBDC development
🤔
@hasufl The timing is exactly as expected
The next bitcoin halving would see BTC inflation lower than ETH inflation
ETH devs can't allow that to happen. They will game ETH inflation just like last time.
See timings of previous changes to ETH inflation
@materkel It already has been replicated
In fact, the newer networks are improvements on ethereum
What's remarkable is that there are still people who think ethereum is somehow unique, or that there's something special about ETH.
It's already provably not the case.
@FigoETH This is a lie
And you know it is because you went on and on about ETH being deflationary
What's changed since then? ETH has pivoted to being inflationary
And you suddenly stopped mentioning inflation rate because you love to mislead your followers in order to pump your bags
@materkel This makes absolutely zero sense
Tether, the largest stablecoin company, and arguably the most succesful company in the world, owns and stakes zero ETH
It literally proves that success is in no way tied to owning or staking ETH
@materkel That 60% is dwindling and is soon going below 50%, then 30%, then under 5%
Ethereum is already losing market share to newer competitors. It's over.
@materkel This makes zero sense
Companies have already issued their stablecoins on multiple chains other than ethereum, and that's with less regulation than what will be in future
@materkel@TrustlessState "the timing" lol you still don't get it
It would have also been great to dump ETH before the:
> beacon chain
> proof of stake
> EIP 1559
> ETFs
> The list goes on
There will always be some new narrative to sucker ETH bag holders into holding on for just a bit longer
@lex_node Mark my words, ethereum is definitely going to reduce issuance by December 2028
ETH central planners have reduced issuance multiple times already, to keep up with BTC halvenings
This time will be no different
ETH already has higher inflation than BTC today lol
@materkel Bitcoin doesn't compete with altcoins
Bitcoin is digital gold
Ethereum is an altcoin that competes with a sea of other altcoins, which often have newer and better tech than ETH
@ProofOf_ion Literally nobody has ever made a profit staking ETH
Enjoy losing money while having to pay taxes on your ETH rewards (even though you made a loss), while having to deal with the admin of calculating your taxes on your losses lol
@FigoETH It's remarkable that ETH maxis ever considered Bankless to be a serious crypto media outlet.
Says all you need to know about the ETH community
Down bad indeed
@laurashin This was all so predictable:
ETH price underperforms
ETH maxis refused to face reality (that ETH is overvalued)
They needed someone to blame, and chose EF
EF made changes
This had zero effect on price (which was obvious from the start)
ETH maxis need someone to blame again