The news that a split was brewing around the project began to resemble a kind of political confrontation that was beginning to flare up within the community.
The co—founder of Lido Finance announces the creation of a "Second Fund" - this is already a challenge to the current management system under the leadership of Vitalik Buterin. Add to this the departure of key developer Eric Conner, who sharply criticized the decisions of the Ethereum Foundation, and we see how the situation is starting to gain momentum.
Vitalik, of course, reacts: he promises to focus on technology, not politics. But isn't it too late?
The position of the CEO of Aave, who suggests tightening the budget and cutting staff, only emphasizes that there is no consensus in the community on how to move forward.
Why is this important? Because such events remind us all of one key thing: any altcoin, no matter how technologically advanced, is primarily a business. And business is about people.
And people, as you know, are not perfect. Everyone has their own interests, ambitions, and weaknesses. Today there is progress and consensus, tomorrow there will be splits and contradictions. This is the reality of any centralized project, which, in fact, is Ethereum, even if it declares decentralization.
The human factor is something that can destroy even the strongest projects. Remember how well Ethereum felt in the last cycle. Now we see that internal conflicts are starting to undermine the platform. If something goes wrong, the whole foundation can shake.
That's why Bitcoin remains unique. There is no CEO, no office, no foundation, no group of people who could take and change the course of the project. Here, decisions are made by a collective mind — the consensus of thousands of independent network participants around the world.
It's not just a system, it's an ideology built on immutability and sustainability.
Bitcoin is not about politics or business. It's about long-termism and protection from the human factor.
Yes, altcoins may be more attractive in the moment, but in the long game it is precisely this volatility and susceptibility to human weaknesses that plays against them.
Don't forget about it. Technology may be strong, but human nature always takes its toll. Bitcoin is a protection against this volatility.