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736 sats \ 6 replies \ @NorthKoreanHostage 12 Dec 2022 \ on: ETH being removed from Paxful P2P trading platform bitcoin
Ethereum is the mother asshole from which all shitcoins spring.
Citation needed :-)
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I'll provide it:
[Video]
Ethereum is the mother asshole from which shitcoins spring.
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There was once a time where I believed in ETH. I still like the core idea, which is essentially to have distributed compute power in a trustless way. That would basically render most of the hosting industry no longer relevant.
Unfortunately, that is only the idea they marketed, and not the one that was chased. I hope to see this built as a layer ontop of Bitcoin some day but if that never happens I am ok with it because I like where Bitcoin is heading and the layered approach. Lightning is great for its use case. I just want to see a future where its somehow possible to run entire virtual machines in a trustless distributed environment. How wild would that be?
Really tragic to see ETH end up the way that it has, but it was doomed from the start.
Maybe finally all the talent that went to develop all this snake oil will start to move over into Bitcoin exclusively. Once "Crypto" is drained of human capital, it will not be possible to recover to any significant glory.
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It honestly does seem easier to build the world computer idea on bitcoin, with streaming sats as payment. At the most basic it’s “my node will keep processing your requests / running your code so long as you keep sending sats”.
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This.
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Ha ha 😂
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