I& #39;m seeing more and more comments like "XYZ smart contract platform will never get ETH& #39;s adoption and BTW it& #39;s also a scam."

How sad and ironic it would be if the very same maximalism we abhor amongst Bitcoiners became a common thing in Ethereum.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten"> Thread https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

Yes, it& #39;s mighty satisfying (and profitable, if you have ETH) to watch number go up. And DeFi& #39;s explosion is incredible to behold. But as these trends continue, a false sense of fait accompli has crept into the community; many are acting a bit cocky & overly sure of the future.

While most meaningful adoption is happening on ETH, this tech is by no means ready for the mainstream. L2 is a nice stop-gap, but to really bring it to the masses we& #39;ll need ETH 2.0.

That& #39;s 2-3 years out, yet some are celebrating prematurely.

The hubris & overconfidence brings to mind shades of r/bitcoin. It& #39;s not *that* bad, but the early signs are there:

- Dismissing out-of-hand other tech
- A sense of inevitable "victory"
- An adoption of the zero-sum fallacy
- Calling everything else a scam

This is how it starts

The logical outcomes of the above mentality are groupthink, tribalism, and toxicity - the very things that stifled Bitcoin& #39;s innovation and poisoned much of that formerly-amazing community.

So there& #39;s a historical precedent for this in crypto. We can& #39;t let it happen in Ethereum.

To be sure, there are many shitty projects out there. Let& #39;s critique them - but let& #39;s do so with civility and fact-based arguments. The day Ethereum becomes plagued by narrow-minded maximalists is the day it stops innovating. And the only victors that day are BTC maxis.

Finally, the zero-sum fallacy is rearing its head in Ethereum; the idea that other chains& #39; success threatens ETH.

This doesn& #39;t jive with a scenario where bridges effectively connect value between chains; pegged Bitcoin has presented a win-win scenario for both BTC and ETH.

If Ethereum someday becomes as unwelcoming and narrow-minded as Bitcoin, its first-mover advantage will evaporate. Minds and capital will move on to more inviting pastures. As a community we need to be perpetually on-guard against this scenario.

In this nascent Bull market it& #39;s all number-go-up. I get it; it& #39;s really fucking exciting & intoxicating drinking that moon juice. But don& #39;t lose sight of the facts: ETH 2.0 is probably 2-3 years away; there are meaningful innovations happening on other chains.

So...stay cool & humble. Don& #39;t turn into arrogant narrow-minded maximalists. Many Bitcoiners already did that, and it was a fucking disaster; maximalist thinking destroys innovation and discourages the unique strain of independent thinking that fuels Ethereum& #39;s success.

/fin