ETH L1 has already scaled drastically. People were complaining that ETH costs are way too highNow that it's solved, why isn't it reflecting in price? Even after Tom Lee bought close to 5% of the supply, nothing happens to the price
Where else in the world can you transact peer to peer without middleman for $0.004 and the transactions are settled within seconds?
And why the f is BTC with zero use case at $1.2T market cap and ETH so low? This doesn't make any sense
>>62363240Twas never about high fees, it was almost this low for 2 years, even at 5k price. Twas about kinder maxikings and le ethkiller kumar shills fudding it, imagine posting here that vb and ef sold 100k eth in the orev year when lee boat it in the past week alone.... Basterd!
>>62363245L2s were a fail, i told it 5 years ago thats not the way, finally the nigger vitaleek admitted it a few months ago. Now we only need a mania and it ll pump another few dollars again, but yet i am buying under 1500 for now.
>>62363249BTC is expensive because BTC is expensive. It gets all the attention of crypto because it's the biggest and oldest. Partly the same reason gold is much more valuable than other metals. ETH does the same SoV as BTC (and arguably does it better) but because it gets less attention, it gets less buys. Also Bitcoin doesn't have competing smart contract platforms launching constant smear campaigns against it. Maybe Bcash but that was almost a decade ago.