This summarizes my viewpoint on ETH quite well. I think it's a really technologically sick platform that has a lot of potential, and I do believe in the future

This summarizes my viewpoint on ETH quite well. I think it's a really technologically sick platform that has a lot of potential, and I do believe in the future when these scalability solutions are in place and have mass adoption, then the ecosystem really can be excellent. However, today, it's not there, and I cannot recommend using base ETH for anything other than if you are a large corporation or generally wealthy and want to capitalize on the large amount of liquidity in the ecosystem compared to others. ETH, as a base layer, is financially impractical. The native L2 solution in Arbitrum is also too expensive, I believe it's like a quarter of the cost? That is still absolutely unacceptable. Also I don't have any faith in advertised timelines or scalability solutions until they are in place, I saw slides and discussions around sharding, layering, and off-chain computation solutions like Truebit back in 2017. Fast forward to today and the system is still unusably inefficient, so yeah, I'll believe it when I see it. I'm fairly certain that the majority of holders in ETH are treating it purely as a stock that only goes up, never moves their ETH off of the exchange (or even better it's not able to move off as it's a closed system like Robinhood), and actually are not using the ecosystem. If they were, then the average person would quickly realize how absurd it is to burn through their ETH for simple transactions. I truly hope that the scalability solutions in development now pan out, because it will never succeed long term imo if they cannot solve this. If the scalability solution ETH proposes is simply use different chains, I'll do that, and they won't be in your ecosystem.