How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.
Wouldn’t these people root for DEXs to succeed? They love that Bitcoin is decentralized, DEXs are certainly less centralized than Coinbase.
Can someone justify this to me? I don’t get it.
The tone is harsh as it is obvious ethereum is not a shitcoin however many people are mad at ethereum because they see it as a facilitator of bad coins, we need to recognize that a great deal of coins are bad projects lead by inexperienced developers, and ethereum makes their life easier and while this is good as this brings projects like the ones you mention it also helps bad developers to make their coins.
So some people get mad about this and blame ethereum because of it, also many do not like stable coins because for them it goes against the spirit of bitcoin and the intentions of satoshi so that is yet another reason why they do not like ETH.