You need to stop getting your Ethereum information through maxi only channels as it's made you horribly misinformed.
- ETH was never premined. There was an ICO, pre launch you sent BTC and later received an ETH wallet and ETH. Then after launch you could mine ETH. Pre PoS all ETH came into existence through either mining BTC or ETH. The controversy is behind the Eth founders and foundation taking a percentage through the ICO, but those sending BTC for ETH knew this.
- The main reason BTC gets called old tech is because it isn't "Turing complete" and Ethereum is. Mathematically it's possible to do anything you can do on your computer on Ethereum. This hasn't really mattered in the last 14 years, but it should be obvious why this could be hugely advantageous in the future.
- Your points about Metamask and opensea are accurate, but those are products and about user choices. They are not ETH. People are free to make a choice about using them or not.
- You need 32 ETH not $3,200,000 in Eth to become a validator. That's just over $50k. Staking pools make it even cheaper. Also you don't need to worry about high energy costs and constantly upgrading mining equipment like you do with bitcoin. Running Eth validators is far simpler.
As I said, you need to take the maxi blinkers off and go look at things for yourself. And that doesn't mean you should go and buy Eth, but so you can start asking yourself why some maxi news sources are full of misleading statements and hypocrisy.
I bought Eth in 2015, before it was called ICO we referred to it as premined or let's just settle on preminted. Exactly what it is. You can call it whatever you want.
I've explained why "old tech" is used in previous posts. Nfts, smart contracts, Web 3 is being touted now. Here's your issue with Eth, (and you refuse to acknowledge its centralisation aspect.) A database is way more efficient for centrilisation. Companies like Amazon and Google are not going to move all their stuff onto a more expensive centralised structure to build a web3, it's ludicrous. That's not the future to me.
The future is 8 billion people running the 21st century economy on their mobile devices via a decentrilised and secure baselayer that has hardened money. I'm betting on billions of people owning mobile devices and not computers.
Read again what I wrote about Eth con artists with their words "old tech" and "decentrilised" both opensea and metamask are masquerading as decentrilised products. It's there for you to read in the quote.
The original quote was predicting a price of 100k eth, at that price 3,200,000 is required to stake. Even at current prices 50k is beyond reach for most first world participants, nevertheless the other 6 billion people who don't have access to financial services. Then it's staked via a centralised entity for most. No thanks.
It's ok, I'll keep the blinkers on and have been since purchasing btc at $200. Only difference between shitcoiners and early btc adopters is we are not looking for that 100x. We are not co-opted by money. So seeing a path forward where everyone can benefit from a "new technology" both equally and securely is more my range of scope.
BTW this is what co-opted by money looks like:
If BTC goes 10x from here that put ETH 15x at 24K.
You want to call me misinformed, go for it. Time will tell. I'm not going to store my time and energy into a "centralised company" that's built on sand that resembles failing systems of old.
