
加密韋馱|Skanda 🇹🇭|Sep 07, 2025 08:56
Actually, I think both the Chinese and English regions have been attracted to the erroneous focus of Ethereum's "legitimacy" on this issue, and have returned to the ETH centric narrative system
To put it bluntly, currently there are public chains on the chain, including L1/L2/L69 full tm (excluding BTC), and only Solana and half BNB can truly be said to have a system centered around independent assets.
Because the pricing of the vast majority of their native assets is done in their local currency (BNB is counted as half because of Binance), and the vast majority of trading volume is on the local chain, which is the standard split structure of US stocks and US dollars
Other chains, including ETH and its L2 TRX、Sui、Apt, Their entire chain is engaged in the distribution business of USD stablecoins. Your ETH native assets are priced on Binance, and there are not many trading volumes left on your own chain,
-The native assets in the exchange are USDT/USD based
-On chain lending and arbitrage opportunities derived from lending are USD based
-On chain contracts, including HL, are all U-based
-The stories told by lecturer Tom Lee are all centered around stablecoins
Since you are a vassal of stablecoins, why do you expect others to follow your legitimacy?
Adults, times have changed
Since everyone is in the channel industry, doing U business, then the channel is the father
Now the channel masters say that privacy is important, autonomy and controllability are necessary, and U-based payment for gas is necessary. That's the first priority, we have to follow their orders. What alliance chain is not alliance chain, neutral or neutral, USDT/USDC/WLFI can be blacklisted at any time. Is the neutrality of your chain important? Why does Grey Production firmly choose TRX? Don't you understand yet?
From this perspective, ETH is completely overvalued. To put it simply, it's a toll for distributing stablecoins
-In terms of performance: inferior to Sui and updated public chains
-In terms of price: Besides BTC, it is the most expensive
-On the topic of accumulation: If you can't get ETH, it's better to use node fundraising to start a new business
-On payment interoperability: Brother, the interoperability is for stablecoins. What does it have to do with the interoperability of your chain? Now let's see if the volume of USDC CCTP is large or if your various native cross chain bridges are large
-On security: In short, ETH doesn't crash, so does L2 crash? If you mess around, it will cause congestion. Isn't congestion the same as downtime?
With so many components from L2 to L1, Starknet is at the forefront. Can you guarantee that these components will not have any problems? Can the foundation go to jail for the channel men if something goes wrong?
Therefore, if you are an ETH maximalist, for the sake of your own package, don't constantly criticize any institutions RWA、 Payment on the tip of the tongue
You'd better hope that these narratives drift with the wind like the previous round of the metaverse, so that everyone can finally come to the conclusion that 'we still have to hold onto Ethereum'
Otherwise, after this round of banks going live on the blockchain, you will painfully realize, like in the past, 'Why do we still need ATM machines when we have QR code payments?'“
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