Odaily News ETH/BTC Exchange Rate has reached its lowest level in nearly five years, with some investors even calling ETH a "completely dead" investment. Nic Carter, a partner at Castle Island Ventures, believes that "ETH died by its own hand" due to L2 being too greedy, leading to a decline in Ethereum's trading activity, user growth, and fees/income. Ethereum can be viewed as a practical network, but "absolutely not" as an investment. (Cointelegraph)
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Castle Island Ventures Partner: L2 is too greedy, leading to poor performance of Ethereum.
Odaily News ETH/BTC Exchange Rate has reached its lowest level in nearly five years, with some investors even calling ETH a "completely dead" investment. Nic Carter, a partner at Castle Island Ventures, believes that "ETH died by its own hand" due to L2 being too greedy, leading to a decline in Ethereum's trading activity, user growth, and fees/income. Ethereum can be viewed as a practical network, but "absolutely not" as an investment. (Cointelegraph)