Why Nostr? What is Njump?
2024-05-21 11:39:41

WhiteRabbit on Nostr: Can someone remind me again what problem ETH solves? - World computer? - ICO's? - ...

Can someone remind me again what problem ETH solves?

- World computer?
- ICO's?
- Smart contracts?
- NFT's?
- DeFi?
- "Ultra Sound" money?
- EVM's?

ETH is still a blockchain that is searching for a problem to solve. The development community does not operate around a first-principle perspective - it has no identity, no calling for it's existence. Arguably i think the best reason for ETH to exist has been to illustrate the consequences of the compromises they've made. It reinforces bitcoins approach to solving ultimately what makes good money.

Anyhow, congrats to the tech bros at ETH you were just gift wrapped an ETF solely for political posturing by the democrats after bitcoin fought for 10+ years to make it happen.
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