na ethereum's doing a fine job killing itself
To be honest, I see this kind of sentiment (Bitcoin zealotry) a lot on these forums. I hope Ethereum does well, I really do. In fairness to them, they have rolled out an excellent smart contract platform. They're leading the way in that space.
But when the devs go to all this work and a pyramid scheme is the result, it's sad.
Crypto pyramid schemes like this should be banned. We ban child porn from the internet. I don't see why we can't ban so-called trustless pyramid schemes.