The Three Ponzi Problem 1 - Break Everything Down to Ponzis (Mining)
The world is full of ponzis sugarcoated as legit "norms". Wif crypto, ponzis are democratized from elites. Everyone can start ponzis & even trade them
Understand ponzis, you understand crypto
Let's dive in🧵
1/ For a very long time, I’ve been thinking about making this thread. After being asked by many to explain my strategies in crypto, I want to highlight my most profitable way. The art of longing cults.
Someone has to say it.
ETH price at $2.2k is hilarious.
Everyone out here trading "what ifs" this cycle when Ethereum has fundamentals.
Let my tell you why $2.2k ETH is stooopid.
Ethereum now makes $2.7 billion in annualized profits - the only profitable chain - a P/E ratio…
@LukeDashjr
We don’t see Satoshi’s vision here. All we see is a woke dev trying to place his own sick wokism value of ‘good or bad’ over the original consensus by Satoshi and policing around.
How could you still call Bitcoin the most decentralised currency after this?
Will be finding a trusted 3rd party to set up a donation wallet to hopefully raise enough to refund the presale contributors or attest a decent chunk.
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Once this is complete Slerf will be the most unstoppable meme in all of crypto.
$slerf