Castle Island Ventures Partner: L2 is too greedy, leading to poor performance of Ethereum.

robot
Abstract generation in progress

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)

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)