WhiteRabbit on Nostr: ETH etf is bullish. Let me explain. I was an ETH holder because I was promised it was ...
ETH etf is bullish.
Let me explain. I was an ETH holder because I was promised it was some superior technical form of bitcoin. I was ignorant but had fomo - maybe I should own some just in case (2016)… well it turns out that exposure gave me enough motivation to properly grok ETH and more importantly btc being its primary opposition. Fortunately it’s pretty obvious if you start looking at ETH from its fundamental and technical merits that it’s a total shitshow. It’s a great affinity scam that ultimately drives smart money into Bitcoin eventually.
ETH has always been dumb money and always will. It is however a great funnel into Bitcoin.
Published at
2024-05-21 04:32:51Event JSON
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"content": "ETH etf is bullish.\n\nLet me explain. I was an ETH holder because I was promised it was some superior technical form of bitcoin. I was ignorant but had fomo - maybe I should own some just in case (2016)… well it turns out that exposure gave me enough motivation to properly grok ETH and more importantly btc being its primary opposition. Fortunately it’s pretty obvious if you start looking at ETH from its fundamental and technical merits that it’s a total shitshow. It’s a great affinity scam that ultimately drives smart money into Bitcoin eventually.\n\nETH has always been dumb money and always will. It is however a great funnel into Bitcoin. \nhttps://m.primal.net/IJGT.jpg",
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