Daily General Discussion August 22, 2025
Ethereum (Reddit)
Welcome to the Daily General Discussion on r/ethereum
https://imgur.com/3y7vezP
Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2
Please use this thread to discuss Ethereum topics, news, events, and even price!
Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, be constructive. - Subreddit Rules
Want to stake? Learn more at r/ethstaker
Community Links
— Ethereum Jobs, Twitter
— EVMavericks YouTube, Discord, Doots Podcast
— Doots Website, Old Reddit Doots Extension by u/hanniabu
Calendar: https://dailydoots.com/events/
Ethereum (Reddit)
Welcome to the Daily General Discussion on r/ethereum
https://imgur.com/3y7vezP
Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2
Please use this thread to discuss Ethereum topics, news, events, and even price!
Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, be constructive. - Subreddit Rules
Want to stake? Learn more at r/ethstaker
Community Links
— Ethereum Jobs, Twitter
— EVMavericks YouTube, Discord, Doots Podcast
— Doots Website, Old Reddit Doots Extension by u/hanniabu
Calendar: https://dailydoots.com/events/
If Bitcoin is the ‘New Feudalism’, could Base be the ‘New Renaissance’?
Ethereum (Reddit)
A thought-provoking article was published on Crypto News yesterday, exploring how various embodiments of decentralization have driven society forward since the Feudal Age, and indeed, has been the catalyst between the expansion of Western civilisation itself. Although the article espouses Bitcoin as being ‘The New Feudalism’, the discussion is applicable to all decentralized platforms, including Base.
https://crypto.news/western-civilization-resists-bitcoin-at-its-own-peril/
Long story short:
Feudalism first emerged In the 10th century: In simple simplest terms, feudalism describes a system of devolved political and economic control from a king or lord to a vassal. When the monarch’s absolute power was divided up amongst the nobles, who influenced government and economics by autonomous actions depending on local conditions and needs, it was the first real embodiment of decentralizing power.
200 years later this power was decentralised further with the rise of the bourgeoisie - which in turn triggered a massive social and economic revolution. The pattern continued with the Renaissance, an explosion of creativity and culture, during which religious and political decentralization allowed new ideas to flourish, trade and commerce to expand, and individuals to profit and prosper.
Fast forward to the Industrial Revolution: rapid economic and technological innovation sparked exponential Western expansion, and crucially, it was private individuals and companies that thrived not state controlled monopolies.
In the last 100 years governments tried to claw back central power, and the dominance of the banking establishment only grew. Cue 2009, and the emergence of Bitcoin (the concept of decentralised banking harkens back to the 16th century, the Medici family of Italy and their ledger system, but that’s a whole other post).
Almost two decades on, we are all aware of the transformative power of decentralised banking, striking at the heart of central control over the economy, which was heralded by Bitcoin. But now, in 2025, it is by no means the only platform with such power. Ethereum was launched as an alternative to the limited financial use cases of Bitcoin, expanding the scope of what blockchain technology can offer.
Bitcoin opened the door. Ethereum removed it. Enter Base.
If Bitcoin is the ‘New Feudalism’, then Base is the ‘New Renaissance.’ Why? Because aside from financial autonomy, at the heart of Base and what it is trying to achieve, lies an inherent ethos of inspiring, nurturing and rewarding creativity, community, artistry, and intellectual and technological innovation. In other words, culture.
A culture is at the very heart of any society: indeed, a society is defined by it. It is absolute integral to this future utterly decentralised society that many leading figures in crypto and fintech are envisioning.
Base is providing the onchain infrastructure which allows everyone and anyone to get involved, provides the resources to help builders pursue this shared vision and prosper from the value they themselves have created, for the benefit of all.
It’s something many are already a part of. Are you?
Ethereum (Reddit)
A thought-provoking article was published on Crypto News yesterday, exploring how various embodiments of decentralization have driven society forward since the Feudal Age, and indeed, has been the catalyst between the expansion of Western civilisation itself. Although the article espouses Bitcoin as being ‘The New Feudalism’, the discussion is applicable to all decentralized platforms, including Base.
https://crypto.news/western-civilization-resists-bitcoin-at-its-own-peril/
Long story short:
Feudalism first emerged In the 10th century: In simple simplest terms, feudalism describes a system of devolved political and economic control from a king or lord to a vassal. When the monarch’s absolute power was divided up amongst the nobles, who influenced government and economics by autonomous actions depending on local conditions and needs, it was the first real embodiment of decentralizing power.
200 years later this power was decentralised further with the rise of the bourgeoisie - which in turn triggered a massive social and economic revolution. The pattern continued with the Renaissance, an explosion of creativity and culture, during which religious and political decentralization allowed new ideas to flourish, trade and commerce to expand, and individuals to profit and prosper.
Fast forward to the Industrial Revolution: rapid economic and technological innovation sparked exponential Western expansion, and crucially, it was private individuals and companies that thrived not state controlled monopolies.
In the last 100 years governments tried to claw back central power, and the dominance of the banking establishment only grew. Cue 2009, and the emergence of Bitcoin (the concept of decentralised banking harkens back to the 16th century, the Medici family of Italy and their ledger system, but that’s a whole other post).
Almost two decades on, we are all aware of the transformative power of decentralised banking, striking at the heart of central control over the economy, which was heralded by Bitcoin. But now, in 2025, it is by no means the only platform with such power. Ethereum was launched as an alternative to the limited financial use cases of Bitcoin, expanding the scope of what blockchain technology can offer.
Bitcoin opened the door. Ethereum removed it. Enter Base.
If Bitcoin is the ‘New Feudalism’, then Base is the ‘New Renaissance.’ Why? Because aside from financial autonomy, at the heart of Base and what it is trying to achieve, lies an inherent ethos of inspiring, nurturing and rewarding creativity, community, artistry, and intellectual and technological innovation. In other words, culture.
A culture is at the very heart of any society: indeed, a society is defined by it. It is absolute integral to this future utterly decentralised society that many leading figures in crypto and fintech are envisioning.
Base is providing the onchain infrastructure which allows everyone and anyone to get involved, provides the resources to help builders pursue this shared vision and prosper from the value they themselves have created, for the benefit of all.
It’s something many are already a part of. Are you?
crypto.news
The new feudalism: Western civilization resists Bitcoin at its own peril | Opinion
Bitcoin can decentralize the financial system, ensuring a more equitable and cooperative global system given by technological and intellectual progress
Got Scammed last night...
Ethereum (Reddit)
Beware of the scams posts here on Reddit, I thought I would never get caught into a scam like this, but last night I lost 2k USD, it’s really hard because I worked a lot to earn that money.
The scam is called ETH Launchpool (https://ethlaunchpool.site) , the method works by sending some ETH to the scammer’s address and then he sends it back with 1% gain, you can do it multiple times a day, it worked for me like 5 times (generating trust) and then I sent all and never got it back.
Please don’t fall for this!! I will take a long time to recover from this, as a matter of fact I don’t know if I’ll buy crypto again...
Ethereum (Reddit)
Beware of the scams posts here on Reddit, I thought I would never get caught into a scam like this, but last night I lost 2k USD, it’s really hard because I worked a lot to earn that money.
The scam is called ETH Launchpool (https://ethlaunchpool.site) , the method works by sending some ETH to the scammer’s address and then he sends it back with 1% gain, you can do it multiple times a day, it worked for me like 5 times (generating trust) and then I sent all and never got it back.
Please don’t fall for this!! I will take a long time to recover from this, as a matter of fact I don’t know if I’ll buy crypto again...
What just happened with ETH?
Ethereum (Reddit)
Literally took OFFF this morning and it keeps going😱 we’re past $4800...will it hit that $7,000 target this bull run?
Ethereum (Reddit)
Literally took OFFF this morning and it keeps going😱 we’re past $4800...will it hit that $7,000 target this bull run?
Did blockchains fork when China cut itself off from the global Internet for an hour on Wednesday?
Ethereum (Reddit)
Ethereum (Reddit)
The Register
China cut itself off from the global internet for an hour on Wednesday
: Great Firewall took out all traffic to port 443 at a time Beijing didn't have an obvious need to keep its netizens in the dark