polynya
@polynya
Having participated in dozens of (non-crypto) communities, my personal opinion is ethereum is about average, though definitely a lot better than other crypto. The area with a very large scope for improvement, is in "open discourse" of subjective matters. https://warpcast.com/vitalik.eth/0x7cb27023
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Emmanuel Awosika
@eawosika
Yes! I felt we'd gotten too deep into ultrasound sound money theory and made some threads about it. And the response was: "Stick to technical content because it's harder to change people's philosophy." Which didn’t sound right. It was the same when I argued to admit problems with rollup scaling.
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polynya
@polynya
A couple of years ago I was a vocal critic of the ultrasoundmoney meme. That's an example of where I don't think anyone "prevented me from speaking my mind", but also, there was not enough "open discourse" - it was kinda ignored. I feel the same way right now about my last few blog posts about strict global consensus.
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Emmanuel Awosika
@eawosika
Well, I may or may not have described ultrasound money as a cause that's slowly turning into cult (https://www.lesswrong.com/posts/yEjaj7PWacno5EvWa/every-cause-wants-to-be-a-cult). I believe most people ignored it, but at least "cause that can become a cult" may have made an impression on someone.
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polynya
@polynya
I'd say it's the opposite, it used to be a cult but isn't really any longer. It was a cult 2022-23, and I called it as such, but it's gradually faded away. I think by now everyone understands almost all of ETH's value comes from monetary premium (same as BTC) https://x.com/apolynya/status/1615214116750389248
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Emmanuel Awosika
@eawosika
What's the ELI5 version of the "ETH is money" theory? I know burning via EIP-1559 and calibrated issuance with PoS is why people think ultrasound money theory is true. I've also seen a lot of argument against it, though--so I'm curious to hear what you think.
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