Debate Erupts Over Ethereum's Future as 'ETH is Money' Thesis Challenged

2026-06-04 04:45

The "ETH is money" narrative faces scrutiny as prominent crypto figure @TrustlessState has sold all his Ethereum holdings, citing the belief that the thesis has run its course. This move has sparked widespread discussion within the crypto community, with @BitcoinJesusETH's 'Wartime Ethereum' essay becoming one of the most shared responses. The debate over Ethereum's role and future will continue in a live discussion on June 4 at 11:30 AM EST, hosted by @camirusso.

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