That’s a pretty big accusation. VanEck has already said this isn’t true for them at least. I think you’re going to need to provide some evidence here and context.
Head of Digital Assets at VanEck responded on Twitter that the “rumor is false”. I don’t have a screenshot. I don’t claim to believe either person. I would like to see some evidence or additional verification of the claim. I won’t be taking anyone’s word for it, even if they mean well it’s possible there could be a misunderstanding, unreliable sources, etc.
That’s a pretty big accusation. VanEck has already said this isn’t true for them at least. I think you’re going to need to provide some evidence here and context.
Excerpt from an essay I wrote last year: “Critics may argue that it cannot serve as a store-of-value, but this is hard to reconcile with the fact that a growing number of proponents end up holding it for a long time, throughout periods of volatility and boom-bust cycles. Critics may also argue it is merely a means of gambling, but this is hard to reconcile with the fact that many individuals dedicate their lives contributing to the network with the creation of new businesses, the publication of books, papers and essays, and the continued development of the main protocol itself along with supporting technologies such as the Lightning network.”
https://shaanbatra.medium.com/the-structure-of-a-monetary-revolution-cfe27a293840
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