There’s cool cryptography going on in Ethereum, but it’s not helping economize anything useful. At some point you have to notice that all of the “cool new stuf

There’s cool cryptography going on in Ethereum, but it’s not helping economize anything useful. At some point you have to notice that all of the “cool new stuff” in Ethereum for the last 7 years all seems to disappear once greater fool liquidity has been exhausted. Meanwhile adtech is making the internet awful, and thus stories increasingly show up about how bad Google has been getting as well. I used to read all the white papers for all the new coins, and was definitely on the side of Ethereum as an interesting experiment when it released, but nothing has happened to make me think a premined securities play hasn’t turned out to be a scam.