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RE: My criticism of SHIB coin (Shiba Inu)

in LeoFinance3 years ago

Shiba is not even a real crypto with it's own blockchain and stuff.

It's just another of the many, MANY Ethereum tokens there are laying around.

I don't put too much faith in Ethereum tokens other than Ethereum itself. It has no value on development besides being a cards collection inside Ethereum.

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I have some tokens I liked on Ethereum, but they are all locked due to the high gas fees, if I touch anything I instantly lose tens or hundreds of dollars. Some have forks on other chains where I could bridge, but again, need to spend gas to bridge to other blockchains, so it is a deadlock.

I like Ethereum but their main use is being a platform. If the platform is expensive it loses all the meaning.

I am hopeful that they will fix it in 2022 with ETH 2.0, but it is just hope, I have nothing tangible to back me up in this belief.

Agree 👍