Is the entire network bearish on Ethereum?
When others fear, I am greedy?
Is it a distortion of human nature or a decline in morality?
Anyone who can understand this article is a master; this round of assets will surely multiply 30 times.
First of all, the reason why the entire network is bearish on Ethereum is largely related to its founder. When Picasso and Van Gogh were around, they were poor and destitute, yet after their deaths, their works fetched sky-high prices. Because the authors are gone, there are no more such excellent works. They are out of print. So, for every piece sold, one less remains.
Vitalik Buterin and Satoshi Nakamoto are similar; occasionally, one can see online reports about Vitalik dating and making huge amounts of money—what's the difference from a sycophant, what's the difference from an ordinary person? Thus, he has fallen from grace.
Meanwhile, Satoshi Nakamoto's identity and fate remain unknown to this day, while Bitcoin, like the stars, is a timeless masterpiece, enduring and unyielding.
Secondly, the bearish sentiment towards Ethereum is closely tied to the international situation. It is well-known that Vitalik is Russian, which naturally associates Ethereum with Russia. The big power Russia has spent years without being able to conquer Ukraine, illustrating its domestic weaknesses, military fragility, and even its intercontinental missiles fail to launch properly. Hence, people scoff at Ethereum.
Additionally, it relates to the development of blockchain. Ethereum has been around for many years and had numerous applications, with extensive secondary development. But with rising prices, limitations on throughput, and skyrocketing transaction fees, authorization and transaction costs have become excessively high, restricting ordinary users. This will inevitably lead to it being replaced by currencies with lower fees, greater throughput, and broader applications.
Finally, everything has its lifecycle; sectors rotate, Forbes rankings change, industry cycles fluctuate, international fortunes rise and fall, and even the Earth has experienced multiple mass extinctions.
Therefore, maintain a peaceful mindset, play the game of life, enjoy the present, and pursue experiences. $ETH $SOL