The Curious Case of Ethereum’s Eternal Wait: Why ETH’s Been Playing the Long Game (Spoiler: It’s Not a Conspiracy)

In the grand saga of blockchain adventures, Ethereum‘s co-founder Joseph Lubin offers a charmingly convoluted explanation for why ETH has been stuck in the digital mud for so long. Turns out, it’s not because they forgot what money is or because Vitalik’s beard got tangled in his keyboard. Nope—it’s because they were busy playing the long game, like a marathon runner with a coffee allergy.

In an interview with the mythical Milk Road (who sounds like a snack but is actually a fintech oracle), Lubin, the fearless leader of SharpLink—a gaming start-up with more Ethereum in its pockets than a dragon has gold—says that the ecosystem has been fixated on block space. Basically, they’re throwing a blockchain block party, but no one brought the chips.

“The way the technology is built, it’s built out in the open with a lot of people bickering about a lot of great ideas and prioritizing them, and so that may look like there’s discord in the Ethereum ecosystem, or it just looks like we’re building and scrutinizing lots of different potential paths forward, so pretty healthy in general. When it gets to feel negative, is when price leads sentiment, so if for some reason, the price is lagging, if it’s lagging for a couple of years or three years, against big brother Bitcoin or little brother Solana, then people start to get stressed and they start pointing fingers.”

//www.youtube.com/watch?v=VtE9EsITIps[/embed>

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2025-07-23 20:01

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