I don't think that's an extreme prediction. If Ethereum isn't dead within a few years, then something will have gone horribly wrong. As long as governments don't intervene, Ethereum will crash-and-burn all on it's own.

Could you please elaborate on this? I am not eth user. Is it bad UIs or high fees or some other inherent issue?

Very useful hearing your perspective.

Also not sure if you saw this clip, but seems all the current L2s are pretty rekt https://twitter.com/nerdnationunbox/status/1690438518097514496

Respectfully, I have to disagree. I don't see Ethereum going anywhere. There's just too much money and too many different industries/platforms built on top of Ethereum base layer alone...then you take into account all of the many other layer 2s, roll-ups, zk-rollups, even the other EVM-compatible layer 1 blockchains which all can interact and interface with Ethereum, which is basically being used now & in the future (as it's slow transaction throughput and high transaction cost, comparatively to other chains/layer 2s) as a kind of "security layer" which is used for the ultimate root consensus. Which is effectively how the layer 2s for example work, things can be confirmed on the layer 2 but then it gets sent back and actually confirmed by the sequencers on ethereum itself, which, at least they say, enhances the security of the whole operation.

I'm certainly someone who is quite disillusioned myself with the idea of "crypto" and has been converted into the idea of being a "bitcoin maximalist" (lmao), it's what I started in (bitcoin, many years ago....for use on a ahem certain website...Free Ross btw) and it's fitting that this is where I've wound up.

So much of the rest of "crypto" (I hate that term btw) is like a big ponzi game where people are trying to get ahead of one another and see who can sell each other their bags first. A really incestuous breeding ground for shitcoins galore, rug pulls, all manner of scams, and so on.

Case in point: the latest scam du jour that has been getting a lot of attention on twitter is this utterly disgusting website called friend.tech -- it's a site where the already wealthy, popular influencers on "crypto twitter" are making money and dumping on their followers, as people buy "shares" of their account on the site. In return they get access to a gated chat room (that doesn't work 75% of the time, so I'm told) where they chat directly with the person whose shares they own. It's like the NFT craze combined with shitcoining in it's most hyper-ponzified, insanely degenerate form. It's fucking disgusting in my opinion, it's another means of creating a marketplace for something that should not exist: the commodification and financialization of (fake) friendships. There's all kinds of insider trading and scammery going on within these groups as well, these clowns are openly admitting it on twitter spaces. I fucking loathe the government and the SEC, but I have to say if some of these fucks wind up getting in trouble for trading securities or whatever for this shit, I won't be losing any sleep or shedding any tears over it.

Alright, </rant over>

idk man.

what is better motivation to create a groundbreaking and world-changing project than being mad Blizzard nerfed your warlock in WoW.

/s