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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/1818146456550961620
Ethereum Foundation burning through $100 million every year:
https://x.com/AyaMiyagotchi/status/1827219654999470258
https://decrypt.co/246683/ethereum-creator-vitalik-buterin-reveals-salary-foundation-scrutiny
So much grift and waste:
https://x.com/gladstein/status/1827492817951666291
Spot which one is not a commodity:
https://x.com/Pledditor/status/1827360335956738379/photo/1
Ethereum community wants more centralization, not less:
https://x.com/QwQiao/status/1827118119078252863
Bankless guys celebrating ETH spot ETF approval:
https://www.youtube.com/watch?v=Di-iyKgrX74
RUMOR: Vitalik Buterin has a girlfriend!
https://x.com/CPOfficialtx/status/1819038819519197240
Did Vitalik Buterin’s girlfriend stall Ethereum development?
https://cryptonews.net/news/ethereum/29576901/
Ethereum enforcing OFAC compliance at the base layer:
https://www.mevwatch.info/
Bankless guys worried about ETH sustainability:
https://x.com/TrustlessState/status/1827331942053740722
Biggest pileup of ETH futures shorts since Dec 2022:
https://x.com/zerohedge/status/1827848944912863523
Vitalik dumped 25% of his coins:
https://themerkle.com/ethereum-developer-vitalik-buterin-sold-25-of-his-coins/
Vitalik is worried too:
https://x.com/VitalikButerin/status/1827642283560144916
Ethereum scam thread of videos:
https://x.com/GhostofWhitman/status/1669599891742691328
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.
#Bitcoin
#Ethereum
#crypto
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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