Wednesday, March 31, 2021

Do you we want adoption or endless speculation?

Two days ago maybe the biggest news event since the conception of cryptocurrency has hit us: Visa is going to settle payments on the Ethereum network. There is almost no bigger validation imaginable yet the ETH price against BTC is barely up 1% even 2 days later. Yes we know that crypto twitter and some BTC maxis on this sub initially twisted the news by removing Ethereum from the title and inserting "Bitcoin partners", but still after a few days the correct news should have hit the markets.

If this would have been any other altcoin than ETH the price would have exploded by at least 50-200%. So why hasn't it? What is the point in staying stubborn in BTC which has zero usability or speculating on $0.4 altcoins with an insane supply when the adoption is HAPPENING right in front of us.

Has the FUD of high fees overtaken any bullish sentiment? Because in less than 2 months Ethereum is scaling to 2000tx per second (source: https://unipig.exchange/welcome).

It's time to reassess why you're in crypto and what you envision for crypto to become, a new digital asset class that promotes technological decentralization adopted by the world or endless speculation on a greater fools SoV with 3 TPS and endless ETH killers which are bound to become ghost chains like EOS, TRON, NEO, and so many others.


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