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Jan 24, 14:09
Vitalik: It was no coincidence that Luna was not built on Ethereum
On November 20, 2022, Ethereum founder Vitalik Buterin said in an interview that crypto communities should refuse to foster environments that enable harmful behavior. He criticized the Bitcoin community for appearing to unconditionally support powerful figures who back Bitcoin, citing El Salvador's President Nayib Bukele and the country's top-down, coercive push for Bitcoin adoption as an example. Vitalik also noted that Luna not being built on Ethereum was not accidental. While acknowledging that open systems cannot fully prevent malicious activity, he urged communities to actively support what is right and oppose what is wrong.
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Terra wasn't built on Ethereum because control over the chain was useful to the design of the scam
Ethereum and its community have always been closely aligned with defi scams, ponzis, memecoins, rugs, "governance" airdrops and other financial exploitation of retail
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