alright I've had it with the gaslighting, im crashing out
it is insane to say this the same week that people's funds were stuck on Lighter during a colossal risk event
people said Lighter was Ethereum, why did it not have the same censorship resistance and reliability as Ethereum then? who was able to exit leveraged derivative positions? people lost money here this is not theoretical, especially when it comes to derivatives
the forced txn delay is 18 days!
(I dont have anything against Lighter specifically here fellow points farmooors, just the most recent example here)
the reason "Solana" people (read: anyone technical) are skeptical when you say literally everything on earth is Ethereum is because the technical distinctions **actually matter and exist**
if I call a horse an airplane and jump off the cliff thinking it can fly, I'm not gonna have a good time, physics exist
these are off-chain servers that are holding real user funds, real dollars, and real value
it is extremely important that the user be aware of the risks they possess, especially as the economy gets more volatile
until this year, none of these servers were even Stage 1, and still, none of them are Stage 2!!
when they reach Stage 2 (or ideally are native rollups), when they can't steal funds, and when the risks are minimized, you can call them Ethereum
hell you can call them Ethereum right now for marketing narratives all you want (just make sure to not mess it up by calling Polymarket Ethereum but then excluding Polygon lol)
but when users get rekt due to maxis calling them retarded for being skeptical that these things "are" Ethereum, it's not a twitter gaslighting contest
come on man
i see a lot of solana people still arguing that L2s aren’t ethereum.
guys. i love your ill-placed fervor. but let’s be clear.
the market has decided you are completely wrong.
you have fidelity arguing that eth’s value is the gdp on top of it.
that means its value is in L2s.
you have the fact that eth’s value started rebounding when robinhood announced it was building an ethereum rollup.
that means its value is in L2s.
and you have the fact that ethereum’s literal technical value is securing the finances of all the rollups built on top.
that also means its value is in L2s.
credit where it’s due: you did a wonderful job psyopping everyone that powering the future of finance on top of ethereum was actually really bad for ethereum.
but unfortunately, you were wrong, you remain wrong, and you look pretty fucking dumb continuing to make this argument.
lots of love,
david
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