this post was submitted on 18 Nov 2023
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Ethereum

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To longtime Ethereum holders (alien.top)
submitted 10 months ago by ultimate_mood073@alien.top to c/ethereum@blockchained.world
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What was the early sentiment around ETH like? What complications did it have early on and how has it grown from those? What do you or don’t you like about the current state of ETH?

Thanks!

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[–] enpe@alien.top 1 points 10 months ago (1 children)

Don’t like that it’s most likely controlled by the people that actively oppress us through finance.

Look into the ETC/ETH fork due to the DAO hack.

The ETH community here on Reddit felt a lot like the beginnings of the internet. It was a fun group to be involved with. The sentiment was that Ethereum would change finance and Bitcoin holders were actively angry about it calling it a shitcoin.

I’m in it for the money now, I feel like the idea of defi is impossible when it feels like Ethereum has been sold out.

[–] gitk0@alien.top 1 points 10 months ago (2 children)

Dude if you want the defi part and not the centralized shitcoin control part, go look at avax and monero. Those two projects took the mantles of eth and btc and have run with the vision.

[–] enpe@alien.top 1 points 10 months ago

I’ll always be a fan of Monero and what it stands for. I’ve not really looked into Avalanche, though I did swing trade AVAX in the recent months.

[–] Deyssigeg@alien.top 1 points 10 months ago

what vision is that? Monero afaik is a privacy coin, not programmable smart contract. Yes, privacy is needed and it's been trending in the crypto space for a reason. But the kind of privacy needed in the space is a programmable smart contract based privacy, the likes you can get on Ethereum L1, beyond what just Monero can offer.