2
47
0
5
47
0
5
Founder & creator of the ‘internet of economics’. Step 1: deliver an actual blockchain that actually works enabling... see more
Angel Lorente Download Profile
Following ( 2 )
Followers ( 4 )
2
47
0
5
47
0
5
Following ( 2 )
Followers ( 4 )
People invited by Greg
Check Invite
Who viewed this profile
See all views
Founder & creator of the ‘internet of economics’. Step 1: deliver an actual blockchain that actually works enabling... see more
Experience
Fintech Ecosystem Interested In
Services Requested
**TLDR hashtag#Ethereum hashtag#ETF is a REALLY bad idea whose object is to industrialise crypto bagholding**
There has been a great deal of chatter about the U.S. Securities and Exchange Commission approving the Ethereum ETF just as they did previously for hashtag#Bitcoin.
Some have simply joined in the noise by posting commentary, some have been loudly pushing the agenda, too many have been cheering the news.
Do not.
This is nothing but an extension of the 'Number go UP!' cancer that has held back any real innovation for the last 10 years in this industry.
This is industrialising the process of finding bagholders for the dump that follows every pump.
This is the 'crypto' whales and the 'crypto bros' seeking to realise their true objective, not of replacing the existing financial system, but getting to socialise risk and privatise profit just like the banks did in 2008 and again in California last year.
Jun 10, 2024
There has been a great deal of chatter about the U.S. Securities and Exchange Commission approving the Ethereum ETF just as they did previously for hashtag#Bitcoin.
Some have simply joined in the noise by posting commentary, some have been loudly pushing the agenda, too many have been cheering the news.
Do not.
This is nothing but an extension of the 'Number go UP!' cancer that has held back any real innovation for the last 10 years in this industry.
This is industrialising the process of finding bagholders for the dump that follows every pump.
This is the 'crypto' whales and the 'crypto bros' seeking to realise their true objective, not of replacing the existing financial system, but getting to socialise risk and privatise profit just like the banks did in 2008 and again in California last year.
Jun 10, 2024
Upvoted by Valeria and 4 others
See More