facebookInteresting read about why development on ETH L2s actually *may* siphon market share off of ETH L1 and not alt L1s. Thoughts? - Seedly

Joey Koh

02 Jan 2022

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Cryptocurrency

Interesting read about why development on ETH L2s actually *may* siphon market share off of ETH L1 and not alt L1s. Thoughts?

https://taschalabs.com/why-im-bearish-on-ethereum/

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Tascha is quite a frequent writer, but doesn't mean I have to agree with whatever she says. Form your own view, but read voraciously. Only by learning and experimenting will you truly understand what crypto can bring (to the world and to your net worth).

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Agree with you, many are VC shilled, when the bull run resumes, retail will be exit liquidity for them, while they continue their rotation into eth, and particularly layer2 protocols associated with arbitrum

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