I still recommend my friends investing in ETH because baboons crypto community is full of will invest in it no matter the facts.
I had to make transaction recently, it cost me a bit less than a dollar, not great, not terrible. I can go with it if I transact once a month, but for those who want to transact multiple times or live in not rich countries, it's completely unfeasible. It was just a transaction, don't even get me started on using defi. I don't even now how many years ago cheap fees should come, well they still haven't come. We don't need another store of value. BTC already took it.
Don't even mention layer two. Crypto is complicated enough, no coin will ever become mainstream if you have to use layer two for fundamental stuff. As a developer it's very obvious. If you need another layer there is a design issue and you have to restructure the software. ETH needs redesign or we need something much better. There is one thing that is stunning to me. It's some kind of advertisement genius that ETH achieved. Whenever the arguments I mentioned are brought, somebody answers: but wait, one more week, one more month and with the next update it's gonna be cheap and quick. So many here take it for granted while in any other environment it would be considered laughable, cheap scam for fraction wits.
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