I hold ETH and will continue to do so simply because I dont think that chain needs the network effects in the same way as others do.
In the end, my feeling is that Ethereum will attract the Wall Street crowd. With the conversion to coin voting, all those tokens the big money players amassed gives them control.
Ultimately, I think Ethereum ends up being run by the banks.
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I agree. ETH has the existing network effects which matter in my opinion.
Given that, it has the decentralization and longevity to “not be” the next LUNA - a rising star that quickly fell. VCs are likely scared by that and will look back toward BTC and ETH to solve it
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The difference between LUNA and ETH is galaxies.
There is no way to compare the two. People are building stuff on ETH, even if it is mostly unusable. What is going on with Terra (1 or 2)?
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