The crypto community is embroiled in controversy over the Ethereum Foundation's selling of large amounts of ETH, leading to a decline in its price. This has raised concerns about the centralization of Ethereum and its departure from being a community-based platform. Bitcoin.com CEO Corbin Fraser commented that Ethereum has a "wokie energy" that appeals to non-crypto individuals but may cause it to be skipped in the current cycle. This sparked a discussion about politics in the crypto industry, with some arguing that politics and religion should have no place in the community. Others believe that focusing on technology and abandoning politics could help Ethereum regain its previous success. Despite criticisms, Ethereum remains a leading project in the industry, and the controversy may stem from its political leanings rather than its market position.
Content Editor ( crypto.news )
- 2025-01-23
Bitcoin.com CEO: Ethereum may be skipped in this cycle due to having a “wokie energy.” Having what?
