The original post: /r/cryptocurrency by /u/Longjumping-Low3164 on 2024-11-24 13:48:04.
Hello. It has been a decade since Ethereum was launched. Decent amount of time if you ask me. What are results of this project? Endless list of useless projects/worthless projects or just plain scams. Substratum, Enigma, Gifto, CargoX, Wabi, Populous, Internxt, Salt, Waltonchain, etc just no name a few. Despite all this current total market cap of Ethereum is around 400 billion USD. Where is value exactly? You have to be a lunatic to buy ETH and hold it at this valuation. BMW total market cap is around 45 billion USD! They produce world known cars for over a century! I ask again where is value? What rationally justifies 400 billion USD total market cap? I will end badly for so many people…
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