Ethereum & Other Altcoins Are All A "Pyramid Scheme" - Max Keiser.
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2021-02-23 | Eddy Morgan
“But we’re now to the purpose where ETH 1.0 - oh we'd like ETH 2.0 so soon, come on Vitalik, get it going, man - ETH 1.0, most regular users are priced out of using the bulk of apps on Ethereum. […] A transaction on Uniswap costs $50 USD on the avg lately which is simply crazy.”Eth2’s Phase 0 was launched earlier in Dec. last year, permitting Ethereum users to lock up their Ether for staking. Robust scaling capabilities are slated for activation with Eth2’s launch of Phase 1, which is predicted to introduce sharding toward the end of this year at the earliest. Avg Ethereum transaction prices have skyrocketed to their highest ever levels of around $30 USD consistent with Bitinfocharts.com. At the time of the crypto market flash crash in late trading on 22nd Feb., the typical gas fee was as high as $50 USD.
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