> No, Ethereum didn't "break", it worked exactly as designed. These aren't mutually exclusive. The design sucks. > No fees were "wasted". If people were willi

> No, Ethereum didn't "break", it worked exactly as designed. These aren't mutually exclusive. The design sucks. > No fees were "wasted". If people were willing to make a transaction knowing that this was going to be the cost, it is a reflection of people's time preferences. On the contrary, money spent over nothing but FOMO is absolutely wasted. Another thing to consider is that, if it were real money*, the gas fees incurred by Otherside could have bought 6 million Covid vaccines. We ought to pause and raise at least some ethical questions, because even pro-crypto folks are saying this was money people knew they were burning. * Lately I'm of the opinion that assigning USD amounts to large ETH amounts is overlooking how much of ETH is house money. The miners are mining ETH, rewarded in ETH, by people who already have ETH. It's monopoly money going in a circle and 64K ETH ≠ $180 million in any real sense.