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.
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
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