They just built a teaching tool to help evolve the crypto app space
If Ethereum was a "teaching tool" it would not have had a many millions of dollars IPO cash grab. By having an IPO, you're insinuating that you have a commercially viable product, thus Anonymint's complaints about things like the Howey test come into play. If they knew it would not work at all from day one, or that they had no idea how it would work and attempted to do everything on the fly, it would be irresponsible at best and a scam at worst.
I mean, for this to be true, that Ethereum is built in such a way that it will not work, at all. Then this is some elaborate scam from prominent and thus far honorable community members, or some incredible naiv "hive mentality" of pure wishful thinking from seemingly very intelligent people.
I wish someone could chime in and just bury this, just so regular Joes like myself could rest assured that Ethereum is not fundamentally flawed and doomed as you are claiming..
I feel you have little credibility (Anonymint) though as you seem to present arguments that are not factual as facts
There are obviously some conflicts of interest in this space, but if you do even a tiny bit of research, you'll discover this is not me or Anonymint suddenly trying to rain on the Eth parade out of nowhere for no reason, and there existed an almost unanimous bearish sentiment on Eth from people like Gavin, Adam Back, Gmaxwell, etc, from the start. What I'm saying is, outside of the Eth team itself, there are not many, if any, big names in crypto who seemed to think it would be good or even viable at all. Going further down the crypto ladder, even the lowly Monero dev Smooth believes the market for these contracts is vastly overstated because of lack of demand to expand Bitcoin scripting (op_return does not count).
I was hoping smooth would comment but he may feel he hasn't yet spent enough time analyzing Ethereum.
Fluffy and Smooth have already commented on Eth a lot. Fluffy thinks it's the worst thing ever and Smooth is pretty bearish.