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I didn’t take cryptocurrency seriously because eth is slow - nobody’s going to wait awkwardly for five minutes while the transaction clears - and gas fees are i
by nailer 3y ago
I didn’t take cryptocurrency seriously because eth is slow - nobody’s going to wait awkwardly for five minutes while the transaction clears - and gas fees are insanely expensive - nobody will pay 40 dollars for a 5 dollar coffee because the network is busy - and it looks like that won’t ever change.
The Coinbase guy recently wasted half a million US dollars in gas fees on a lobbying project. It’s nuts. He could have funded a school. It’s not a good look for Coinbase.
I still don’t have any interest in eth but I’m very much interested in cryptocurrency now. There’s a bunch of more scalable and cheaper L1 tech. Not naming names as I don’t want to shill any particular projects but yes. Was not interested in cryptocurrency. Now interested in cryptocurrency.