Bloomberg’s senior exchange-traded fund (ETF) analyst, Eric Balchunas, stirred up controversy within the Ethereum community after sharing what many considered “misinformation” in a now-deleted post on X. On October 7, Balchunas posted an excerpt from Benjamin Hart’s book Bitcoin: Beginner’s Guide, along with a comment stating that Ether “just isn’t the same or as secure” as Bitcoin, in response to a crypto book recommendation request from Nate Geraci, president of ETF Store. The excerpt from Hart’s book claimed that the U.S. government could “shut down Ethereum” by instructing Amazon Web Services (AWS) to turn off its cloud services. However, data
