ETH ratios down so bad we got @kylesamani on Bankless to tell us why ETH is weak & feeble

- Where ETH went wrong
- Why L2s are parasitic
- Kyle's advice for Vitalik

If you're an ETH holder with a shame kink you can get early access on premium feed now.

https://www.bankless.com/why-is-eth-down-so-bad-this-cycle-kyle-samani

building /bracket | hosting /greatbooks + /gray | ex-BCG, ex-PHD | poli + phil + econ

Why do all the bull posts ignore what a nightmare chain/liquidity fragmentation is for the ecosystem?  I feel like we've been promised solutions soon™ for over a year now.  Even just basic bridging is no better been Eth/L2s than it is between L1s

We’ll get there. 

And it won’t even matter that much until we make dead simple and awesome applications for normal users.

I mean we have stable coins.  That's pretty much the killer app.  

But PayPal is taking off on Solana instead of Ethereum.