Etherium and alts more broadly, i think that they've always just been speculative vehicles for a transfer of wealth and for the ability to gamble. And we're currently on the stage where a theorium is under performing. It's not even under performing just on a risk adjusted basis. It's actually under performing just straight up unjust on numbers,. On qingeko basis, which is insane! Because you demand so more return to take on the risk of owning etherium versus big coin. You're just not getting it now. The best part is that as they realize it, they start piling into big coin, out of alt, out of etherium, which just makes more

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode