/biz/ - Business & Finance

There seems to be a lot of SOL fud lately from anons who missed out calling SOL inflationary ready for a death spiral. I’m here to dispel this cope here’s why
There's just one little problem with your theory: the validators aren't selling. They have no reason to sell.

You see, gas costs don't actually represent the value of the work being done. They represent demand for blockspace. There is effectively NO COST for processing these transactions. So it's not a subsidy. Validators don't need to sell their rewards to stay online. They can just get richer and richer.

It's an infinite money glitch. Solana rises into the hundreds of billions of dollars, people keep flocking to the token because number go up. The validators all become billionaires and eventually trillionaieres, and that value is real, because they are the ones securing the most valuable, most used blockchain on the planet.

Solana was always the chosen one. Why do you think all these VCs attached themselves to it?

$100 waiting room.

I mean I only hold 30 but it’s a tidy profit when I bought at $10

.

We all know Solana is gonna pump hard in the next few months.
Solana shitcoins will pump even harder.
Shill me your gems anon.

I THREW SOME SHEKELS AT THIS FAGGOTRY A MONTH BACK AND NOW I SUDDENLY GOT 15K DOLLARINOS IN PROFIT

WTF IS HAPPENING