Thread by @iamDCinvestor

1/ guys, if you want me to always say "hey, any L1 could come in and replace #Ethereum b/c it has lower fees," OK

but these type of takes just ignore accrued network effect and how value networks agglomerate

establishing those things are actually harder than scaling Ethereum

2/ i don't expect you all to agree with me, but know i'm not trying to pump my bags or FUD others

any take i offer you is based on my ACTUAL opinion. you can agree or disagree

and yes, i still think buying L1 tokens for platforms which haven't proven much is a bad idea

3/ you should feel free to ignore me, or label me a Maxi, or whatever is convenient for you

i'm not anti-multichain

i'm just pro-reality

i realize some think it's not "fair" that fees are very high, but as a permissionless blockchain, #Ethereum doesn't evaluate "fairness"

4/ #Ethereum devs are doing EVERYTHING they can to scale L1 and provide additional capacity via L2

EVEN AFTER ALL OF THAT, it's possible #Etheruem fees may still be high IF the demand to use it is too great

and if others chains were more popular, they'd have similar issues

5/ i suggest you flip the script on yourself if you feel triggered:

instead of asking why #Ethereum fees are so high, INSTEAD ask yourself why fees on other chains are so low, yet many remain virtually unused?

i don't make the rules. i'm just in the game

welcome to the bazaar