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55736064 No.55736064 [Reply] [Original]

tell me again why ETH isnt going to goto 90%+ dominance

>> No.55736386
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55736386

>skyrocketing gas fees
>slow transaction finality
>supports MEV
>constant DeFi/bridge hacks

>> No.55736627

>>55736064

i cant tell you that because

>ethereum is well on its way to being the settlement layer for DeFi
>already has market dominance
>scaling via rollups is happening
>the cryptoeconomic incentives make sense
>UX improving with account abstraction
>security and privacy improving via ZK
>the smartest people (who aren't working on AI or superconductors or quantum computing) are working on these problems

>> No.55736956

Because every crypto is fundamentally a pump and dump scam and the higher the market cap the harder to pump and dump. Also retail uses it as a get rich quick scheme and the higher the market cap the harder it is to get rich quick. No matter how long eth is in this game theres always gonna be some shiny new shit coin to distract speculators and that why new coins will always come in, and there will always be more as crypto gets more socially acceptable.