Is Ethereum Finished? Expert Says ‘No Hope Left’ For Ether Anymore

For years, Ethereum has established itself as the second-best competitor to Bitcoin regarding technology, innovation, and use cases. If many consider Bitcoin as ‘digital gold,’ Ethereum would be ‘digital silver.’ However, just like Bitcoin, Ethereum has been the subject of many criticisms and attacks, and many have claimed that its popularity will end. The latest is Justin Bon’s post on Twitter/X, which says that Ethereum “is cooked.”

Cyber Capital’s founder and CIO, Justin Bons, has ignited lively debates on social media with his views on Ethereum’s future, the role of Layer 2 venture funding, and token dynamics. His outspoken critiques on issues like self-interest and centralization have sparked questions about Ethereum’s long-term reputation.

Bons’ take on Ethereum on Twitter/X was met with dozens of comments from crypto enthusiasts, some supporting his side and others challenging his take.

1/9) Ethereum is cooked

Corrupted by L2 VC funding & tokens, nobody is scaling ETH’s L1 anymore; they will not allow it!

That is why there is no hope left for ETH anymore

Following the bitcoiners into irrelevance with quasi-religious word salads justifying their mediocrity:

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