"Brian let go, youre hurting me"

Is she pregnant ? 

That's your opinion. You're saying it is a piece of shit. That does not mean it's a piece of shit. An entire industry has been built on Ethereum. Ethereum's influence on the crypto sphere totally dwarves Bitcoin in every way. Bitcoin developers are now pushing for DEFI and Smart Contracts - they are copycats. It's the Ethereum developers that are responsible for DEFI / Smart Contracts. And many of them were involved with the early Bitcoin, including Vitalik.

https://www.coindesk.com/tech/2024/04/24/op-cat-proposal-to-bring-smart-contracts-to-bitcoin-finally-gets-a-bip-number/

BTC can be recreated, what the hell are you talking about. It's just code. And nothing can be uncreated - unless you have a time machine. If you create a sandcastle on a beach it has been created. You can destroy it, but that initial creation cannot be undone.

I am not against Bitcoin. I think all these platforms and networks need to work together. What I don't like about BTC Maxi's is they want to sic the SEC and government on all other crypto projects so Bitcoin can be made the defacto winner. Make it an even playing field. Stop trying to sic your dogs on other people and if you come out on top in the end then congrats to you.

I don't disagree on the technological innovation of Eth, but the wrapping of this tech into a token, which at least initially was marketed and intended to represent a replacement for money, competing with the purpose of Bitcoin, was disingenuous. And of course now we can all see that the frequent change of code of ETH, let alone its move from proof of work to proof of stake, and the constant manipulation of its issuances etc confirms its failure here to be an "alt" to BTC. But at the time, in the first cycle, this is how Eth was promoted by its founders.

But yes, we do gradually take technological innovations, and then build these on the base layer of the perfect money. This should be obvious, and how it should be, and how it will be.

OK, yes in "theory" you could re-create another version of Bitcoin. In practice we know this has been tried hundreds of thousands of times. And failed each time.

BTC maxies don't mind other "crypto projects" per se, even though the vast vast majority of them are scams. But they just find it disingenuous for such ventures to pretend that they are an alternative to BTC (although most have now given up making such claims, realizing its pointless and just go straight to being memes, or pretending to be related to the latest trend such as AI). And they don't particularly like to see what are essentially very dodgy companies issuing unregistered securities, scamming on the affinity of Bitcoin, when in reality they are entirely fundamentally different.

serves him right. He never had integrity and should not have won 1980 olympia

Nice try RMJ11... but we all know who you are Phaggit

You are right about all of this, although I would say the "protection" mandate of the SEC, is to protect by enforcing the applicable laws, using the powers given to them.

You may consider BTC's early blocks as being a distinction from a pre-mine, but technically there is a difference. The code was public, and anyone could in theory mine, and just like today, some mine, and other don't, even though all in theory can. So I see the "argument", but again, technically its wrong to state that ETH and BTC are the same on this basis, even though in practice you may think this distinction is unfair. Lets see what the courts rule.

I am not saying they are the same. But it is really semantics. And the reality is most of my Ethereum I acquired via mining. Lots of sweat equity went into it. We suffered through hot days, two outlets melted over the years, I had to build all the rigs which is a lot more work than buying a Bitcoin ASIC miner and using it out of the box. Motherboards, hard drives, power supplies, graphics cards, memory, cases, cables, tables. All that shit had to be bought, assembled, etc. One of my typical rigs had 4 power supplies. I used a mother board that could accept multiple power supplies but even then I had to split the power supply cables to get to 4 units. It is a lot more technical than setting up an ASIC miner.

So how is the SEC going to declare ETH a security now after all that time and many people who mined it. It didn't help that Gensler himself stated Ethereum was a commodity, along with Hinman. The time has gone to try and declare ETH a security. They also approved ETH Futures to trade on commodity exchanges like the Chicago Mercantile Exchange. They and the "Media" are playing games at this point. Probably to allow entities to accumulate ETH at lower entry points.

Didn’t read the article or listen to the audio…did you?

Didn’t have to.  Read the state records.   

“Debunked”.