/biz/ - Business & Finance

As a civil user of the Ethereum Network, you must understand and comply with your obligations under the following US Acts.

The Ethereum Terms of Use Act 2023
The Ethereum Civil Transactions and Code of Ethics Act 2023
The Ethereum Network Transactions Standards Act 2023
The Ethereum Network Anti Money Laundering, Anonymity, and Counter Terrorism Financing Act 2023
The Ethereum Network Prudential Transactions Enforcement Act 2023
The Ethereum Identity Act 2023
The Ethereum Network Censorship and Blockchain Control Powers Act 2023
The Ethereum Registered Staking Act 2023
The Ethereum Compliant Transactions Act 2023
The Ethereum Network Blacklisting of Non-compliant Addresses Act 2023

Prior to submitting a transaction to the Ethereum Network, all transactions must meet the requirements outlined in these acts, or otherwise be subject to censorship. Censorship may extend to a permanent blacklist of your wallet, freezing of funds, and court appearance date and documents airdropped to your wallet via NFT.

The US Government reserves the right to hold your transactions at any time, without prior notice. Effective immediately, any wallet not connected to a valid blockchain identity will be frozen until verified. Any wallet whos transactions have not been filed to the IRS will be frozen until a valid tax return including those transactions has been filed and processed.

By using the Ethereum Network to store wealth, this must be declared prior to air travel. All air travel tickets must be stored on an identity verified wallet to be deemed valid.

United States citizens transacting on the Ethereum Network while outside the United States is strictly prohibited.

United States citizens interacting with contracts unapproved by the US Government will be censored, and may have further transactions frozen. Please view the Ethereum Approved Contracts List prior to interacting with a contract.

Thank you for using the Ethereum Network.

As a civil users of the Ethereum Network, you must understand and comply with your obligations under the follows US Acts.

The Ethereum Terms of Use Act 2023
The Ethereum Civil Transactions and Code of Ethics Act 2023
The Ethereum Network Transactions Standards Act 2023
The Ethereum Network Anti Money Laundering, Anonymity, and Counter Terrorism Financing Act 2023
The Ethereum Network Prudential Transactions Enforcement Act 2023
The Ethereum Identity Act 2023
The Ethereum Network Censorship and Blockchain Control Powers Act 2023
The Ethereum Registered Staking Act 2023
The Ethereum Compliant Transactions Act 2023
The Ethereum Network Blacklisting of Non-compliant Addresses Act 2023

Prior to submitting a transaction to the Ethereum Network, all transactions must meet the requirements outlined in these acts, or otherwise be subject to censorship. Censorship may extend to a permanent blacklist of your wallet, freezing of funds, and court appearance date and documents airdropped to your wallet via NFT.

The US Government reserves the right to hold your transactions at any time, without prior notice. Effective immediately, any wallet not connected to a valid blockchain identity will be frozen until verified. Any wallet whos transactions have not been filed to the IRS will be frozen until a valid tax return including those transactions has been filed and processed.

By using the Ethereum Network to store wealth, this must be declared prior to air travel. All air travel tickets must be stored on an identity verified wallet to be deemed valid.

United States citizens transacting on the Ethereum Network while outside the United States is strictly prohibited.

United States citizens interacting with contracts unapproved by the US Government will be censored, and may have further transactions frozen. Please view the Ethereum Approved Contracts List prior to interacting with a contract.

Thank you for using the Ethereum Network.

Here's how much of the *staked* supply you (*or your group/institution/government*) will need:

>33% ($6.18B): delay finality

>34% ($7.13B): cause double finality

>51% ($10.69B): censorship, control over blockchain future

>66% ($13.84B): censorship, control over blockchain future and past

Luckily, no entity, government, or group of people could amass $13.84B... r.. r right??

The future of finance, everyone.

Eth is run on hype. not advanced and competitive technology, not a comparative advantage over competitors, nothing, but a to-be-shortlived first mover advantage.

This is evident by analyzing the behaviour and opinions of eth holders around social media, including this board. the PoS PoW argument is not discussed with intelligence, purely incorrect facts splurged from a tiktok video they watched. the argument eth must continue as successfully as it has up to this point is arbitrary and false.

Eth has no advantage over competitors. It grew to this size through a now expired first movers advantage. Its competitors are outperforming it on every front. The investors in this market are of the lowest capacity to perform due diligence. This has kept eth on top for so long. The switch to PoS will juice the remaining dumb money from the hands of retail into the whales. this is not an argument, it is a direct result of the changes to Eth.

think objectively. there is no reason for eth to perform as it has done in the past. there is no reason for blackberry to perform as it has in the past. there is no reason for yahoo to perform as it has in the past.

tldr. Eth is overpriced. The holders are dumb. The community is hype driven. These types of investors never win in the long term.

>>51071107
fuck it im gonna have a copefee too

Sup goys I want to do some Ethereum things. what is a good wallet these days? I have private keys from my 2017 address. I used to use MEW but they don't support private keys anymore. I'm looking to start using new wallet. I heard metamask is a scam? not sure. advice please

Eth heads believe the first movers advantage is what gives both BTC and ETH equal reason to be #1 forever. This is fundamentally false, and reflects the poor understanding of cryptocurrency and lack of due diligence eth holders possess. This will ultimately be what leads to the downfall of eth. Not only are btc and eth fundamentally different, but other than a rapidly degrading first movers advantage, eth has no other competitive or comparative advantage to the countless fast, more efficient, and cheaper smart contract platforms. eth truly is the yahoo, the blackberry, of the cryptocurrency industry. see below the seething, uninformed, denying eth heads that a project offering nothing but hype will be the one to continue leading the pack.

ETH runs on hype, and the investors are of low intelligence, believing that the first movers advantage of ETH and its development of smart contracts makes it unstoppable. ETH is the investment of choice for zoomer tiktokkers who believe this new paradigm of smart contracts must continue with ETH. this is fundamentally wrong. investors believe that like btc, they have the first movers advantage and cannot be overthrown just as BTC cannot be overthrown. this is incorrect, btc is truly irreplaceable, eth however is completely replaceable, and has already been replaced by chains offering the same service, using the same code, with far more efficiency.

This cycle begins the inverse flippening, where ETH is flipped by another smart contract system entirely. the investors are blind to this, however eth is not rock solid like btc, they are nothing alike, and eth could never strive to be as solid. as you will see in this thread ETH investors will dismiss this reasoning completely saying its here to stay and take my meds etc. this is another reason why ETH is criminally overpriced. its investors are the most overhyped gang mentality group of any crypto known.

Eth can and will fail to more successful competitors. you should expect to see this within the next 10 years. all this talk about the merge mooning the price is utterly retarded, this is the oldest piece of news which everybody has heard of. it is priced in above fair price.