/biz/ - Business & Finance

>>57088082
Just his pretense that ethereum has some purpose other than hosting a nihilistic shitcoin scamsino is pretty disingenuous and disgusting. He wanted to print his own money at the end of the day, so he contrived his own narratives to achieve that end and got a marketing department to sell it. None of the narratives panned out.

https://www.youtube.com/watch?v=j23HnORQXvs

^Bull shit hype and always was.

>>56929917
This desu

LET'S GO PONZI LET'S GO
CLAP CLAP CLAP!
LET'S GO PONZI LET'S GO
CLAP CLAP CLAP!

>>56893384
Ethereum's fundamentals are shit. All of its narratives over the years have been discredited. Its just another another speculative monetary good, but its inferior at being that than bitcoin because that was never its focus (unlike bitcoin). It's not actually hard money, as much as ethies want to pretend otherwise coming from a place of economic ignorance. You can hear the debasement, shame, and demoralization in this meth dev's tweet. Ethereum's legacy is just enabling retarded scam tokens that wreck people.

It isn't decentralized enough for purists to care, it isn't fast enough to have utility for other functions willing to compromise on decentralization. It will suffer attrition to other networks as more get sick with its fees.

Its best hope is that both the SEC and institutional investors won't do their homework regarding it, and so will eventually pump it if an ETF is approved. But an ETF would certainly come long after bitcoin's is approved. So Bitcoin's first mover advantage is going to get reinforced by x9000 when that happens. And a lot of institutional investors will just choose to allocate to bitcoin as the representative of the whole crypto "asset class" because all the other cryptos follow it anyways (as altcoiners themselves always love to point out when they speak of alt season). So in their eyes they get exposure to all of it in a safer way through bitcoin.

>>56893478
cope

>>56852967
mETH scammer devs are demoralized and ashamed after all ethereum's narratives rationalizing its existence over the years have failed over and over again. Those that don't just embrace that they are nihilistic scammers, just want to piss off and go do something else. There is no enthusiastic but naive delusions behind it that people will buy into, no one who even holds it believes in anything other than that it might keep being a 2nd place to bitcoin for awhile longer. Vitalik just wants to piss off and play with AI.

But Bitcoin is getting several ETFs, the institutional money will leave eth in the dust as it won't be getting comparable inflows to bitcoin.