Very Heavy Criticism of Ethereum (ETH) From Famous Bitcoin Supporter!

Podcaster, financial expert and former investor Max Keiser Ethereum once again targeted and the world’s second largest cryptocurrency He claimed that his unit was nothing more than a centralized pyramid scheme.

Keiser is also a strict bitcoin He is known for being a supporter.

Keiser Targets Ethereum and Cardano Founders

Keiser commented on a tweet announced by the developers claiming that the current circulating Ethereum supply of 120.6 million ETH is actually larger, at more than 122 million ETH.

Max Keiser is known as someone who hates all crypto except Bitcoin. Earlier this year, he had attacked ETH several times, calling it a central scam.

He even suggested that authorities should kick Cardano out of the state of Wyoming with the PoS-based ADA token. Keiser addressed this issue to Cynthia Lummis, who works on cryptocurrencies.

In the past, Keiser had also spoken very harshly about Cardano founder Charles Hoskinson. As it is known, Hoskinson is among the founders of Ethereum.

ETH Overcomes Merge Barrier

On September 15, ETH developers performed the long-awaited upgrade Merge, making it possible for this Blockchain to finally migrate to the Proof of Stake mining protocol and surpass the environmentally controversial Proof of Work protocol.

According to estimates, global energy consumption has decreased by 0.2 percent as Ethereum adopts Proof of Stake.

*Not investment advice.

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