Bankless, a self-media company with a loyal belief in Ethereum, often visits many industry figures and developers, and has received praise from many communities. In the recent wave of reviews of Ethereum, Bankless said "ETH is money." (ETH is money), which made many people applaud, but many people did not buy this time-honored slogan.

For example, Péter Szilágyi, the leader of the Ethereum development team, issued a negative opinion: "No OG wants ETH to be money." This caused a lot of discussion.

Ethereum core developer: ETH has never been money

Péter Szilágyi, leader of the Ethereum development team, responded to Bankless saying:

"ETH has never been money. ETH is to support a decentralized world, which does mean that ETH has value. In other words, no OG wants ETH to become money. Bring forth the tar and feathers !”

Lianxin Note: "Bring forth the tar and feathers" usually refers to a way of humiliating or punishing someone. The phrase originated in 18th-century America and Europe, when "tar and feathering" was a public punishment meted out to undesirables. Tar would be smeared on their skin and then feathered as a humiliating punishment. It is now commonly used to describe public criticism or severe condemnation of someone, usually with a humorous or exaggerated tone, implying that someone should be strongly condemned or ridiculed for their actions.

Bankless camp tries to argue: It doesn’t matter what OG thinks

Bankless co-creator David Hoffman responded that this topic has been discussed to death, and it doesn’t matter what OG thinks. The fact is that the OGs never wanted ETH to be a money thing, let ETH become a better, trustworthy and neutral money than ever before.

Another co-creator, Ryan Adams, also jumped out and said, I don’t agree with your view, and I also thank you for your contribution to Ethereum. ETH is money, or ETH has value.

The community does not care about OG’s opinions and advocates the value of ETH

@iamDCinvestor says that most digital asset value propositions emerge based on how they are used, not what people claim at the beginning or even today. ETH is no exception.

What netizens said is not wrong. Just like whether a cryptocurrency is a security or not, it is also defined by the way it is sold and promoted. Therefore, ETH cannot be defined by OGs.

@MohamedFFouda believes that Ethereum can certainly succeed as a decentralization layer without making ETH become money, but for this layer to be secure, the ETH protecting it should be of high value, i.e. become money.

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Ethereum has always been the highest palace of DeFi. However, with the sluggish price of ETH currency, a group of core developers such as Vitalik focused on the realization of idealism, which caused the DeFi community dedicated to financial applications to become dissatisfied and attacked Ethereum with their mouths. This series of discussions further demonstrates the different tone between infrastructure developers and ecological members.

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This article "ETH is money?" The value battle between Ethereum OG and believers first appeared on Chain News ABMedia.