Oddbean new post about login | logout ETH "HODLers" are the Dumbest money.
I'd be surprised if Eth even survives another cycle.
I'm sitting here trying to find even like a steel man argument for it. If you want to gamble, go with meme coins. if you want a centralized platform that other things are built on, go with Solana. If You don't want to be an idiot buy Bitcoin
Ackchyually, it's "ultra sound" money 😂
https://njump.me/nevent1qqsw7d9tpgymqr4u6carfnz8q3uas7h7kn9dldqf2hper46346uvkxgpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsyg82krn4d5etsz7dge8nmpztspqrqvr45yl2hs6enfmzexk84wglfupsgqqqqqqsglrsuz The farther we go out the more laughable that is. I'm at the point of just calling my friends that bought eath because that's just what people did "dumb af"
They messed up the second they pretended to be a better Bitcoin. If they maintained the narrative that they are trying to be something different, then I'd have more respect for the project. They've forked, changed the consensus system and they can change the issuance of their PoS coins whenever they wish. "Ultra sound" money , they say...
I think that's a solid distinction. there's more you can point out, but just branding yourself as a Bitcoin competitor makes you a failure. the decentralization LARPing is the other thing that gets me the most
Eth solely exists to not allow btc to hyper inflate against the dollar. It's a direct attack on bitcoin to not allow the price to go up. It's working.
it's working less and less if that's the case
I got an even better one.. Cardano HODLers 😭💀
definitely. so bad I forgot about them
Some of their posts are really hard to read: “I’m putting x% of my paycheck into ada for my kids, grandkids, etc.” Sad asf if you ask me
now that is sad af
😂
There is much dumber $$$ than ETH tbh
if you're talking about meme coins, I can live with someone telling me theyre just gambling. ETH doesn't even have that really. if you're talking about XRP and Cardano and other shit like that, you're right. they're so bad I forgot about them
I would definitely put XRP above ETH on the stupid scale. 😂
agree. I guess I'm reacting to a friends holdings and the common response to "only Bitcoin" being NOT EVEN ETH??