The original shitcoin. First described in a white paper by Vitalik Buterin in November 2013, the idea was to create a coin similar to BTC without everything that made bitcoin different or interesting in the first place.
Features include: unlimited money supply, high gas fees, proof-of-stake (whoever owns the most essentially owns the coin, and can update it at will), constantly changing monetary policy, the ability to include computer viruses (decentralized applications) in what's supposed to be a store of value for some reason.
Proponents of ETH tend to be people with far-left political views, central bankers, scammers, and foreign agents.
Features include: unlimited money supply, high gas fees, proof-of-stake (whoever owns the most essentially owns the coin, and can update it at will), constantly changing monetary policy, the ability to include computer viruses (decentralized applications) in what's supposed to be a store of value for some reason.
Proponents of ETH tend to be people with far-left political views, central bankers, scammers, and foreign agents.
Person 1: I decided to buy crypto this week. I bought 50% BTC and 50% ethereum.
Person 2: So you spent 50% of your money on shitcoins? What's the point? Even LTC is better than that garbage...
Person 2: So you spent 50% of your money on shitcoins? What's the point? Even LTC is better than that garbage...
by JamesReady420 June 07, 2025