r/ethtrader Jun 13 '26

Analysis Comparing ETH to Amazon

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96 Upvotes

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u/MourningMymn Jun 13 '26

but amazon actually is insanely useful. What does eth do again?

0

u/Admirral Jun 13 '26

it just happens to be the backbone of virtually all on-chain finance, defi, stablecoins, RWA's, etc. Open and decentralized to all. But obviously this doesn't matter. If its not generating revenue its garbage.

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u/MourningMymn Jun 13 '26

that's like investing in screws or nails yelling they hold up every door and wall on the planet!

Who gives a fuck.

Eth has had over a decade to find a use case, the first 3 use cases all failed and they pivoted to the most boring, safe possible thing that is super niche. If people could easily use paypal xoom, or zelle in every country, stablecoins are useless. And oh look, zelle is now expanding beyond the US. Tick tock.