Why I Sold ETH

I sold ETH at like $1300. Right before the merge, which is when ETH died.

It went from a cool inclusive minable coin to this censorship ridden scam that just makes the Rich, richer.

Before you could CREATE your own ETH. With a GPU. Now you need to BUY ETH if tot want to stake.

I’m a whatever is proof of work minable and accessible through GPU or cpu. I like alot of coins. I believe BTC is screwed for scaling so we scale block chain with parallel chains instead.

Everyone I know pretty much abandoned ETH after the merge.

Not to mention it was a contentious relationship to begin with. They miners and developers of ETH. The hated us for some reason. That’s why they lowered the block reward from 5 to 3 to 2.

Personally. I’ve been happy to see the failure ETH has become since the merge. It reinforces the fact that miners are super important in the ecosystem. We tend to buy the coin we mine. We help newbies. Onboard new users. Invest in infrastructure. Protect the network.

But the ETH devs definitely hated us.
It was also so frustrating seeing some random user, likely with no skin in the game saying miners were paid “too much”
But that’s all over. Good times ahead.

src

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