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Ethereum: what bitcoin was always supposed to be

Ethereum’s Role | What Could Have Been the Crypto Standard

By

Sara Ahmed

Apr 17, 2025, 03:02 PM

Edited By

Elena Russo

Quick read

A visual representation of Ethereum surpassing Bitcoin with smart contracts and decentralized apps
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A growing conversation among people in crypto circles questions whether Ethereum is evolving into what Bitcoin originally aimed to be. With mixed sentiments across forums, including comments like "ETH was made to be the tax currency of Crypto," the discussion brings to light various perspectives on its purpose and potential stability.

Context Behind the Discussion

As Ethereum continues to hold its value steadily, some argue it's on track to fulfill its function as a connector in the crypto ecosystem. This perception prompts a reevaluation of what users expect from digital currencies as the market evolves.

Key Themes Emerging from Comments

  1. Stability vs. Fluctuation: Some believe Ethereum should act as a stable coin, pointing to its price consistency.

  2. Purpose of Ethereum: Comments suggest that the currency was designed with specific functions in mind, countering BTC’s free-float nature.

  3. Mixed Reactions: Contrary thoughts reflect skepticism about Ethereum's future role, with some dismissing the concept entirely.

Notable Quotes

  • "A stable coin? Not moving in price?"

  • "This is why it stays where it is."

  • "Jo Lubin is offended by this."

Mixed Sentiment Patterns

The tone among commentators showcases a blend of perspectives. While some view Ethereum's functional promise positively, others express doubts about whether it can truly stand out amongst its peers.

Key Points to Consider

  • ⭐ "ETH was made to be the tax currency of Crypto" - highlights its intended purpose.

  • πŸ”„ "Not moving in price?" - raises concerns about its stability.

  • ⚑ The comment about offends illustrates ongoing conflicts and varied opinions among key figures in the community.

As the conversation unfolds, one must ask: Is Ethereum finally fulfilling its intended role, or is skepticism weighing heavily on its future potential?