brypto

Solana's leadership sleepwalking into the chain's irrelevance because they were too busy harvesting short term rewards.

There's a reason Vitalik dismissed the casino, if you allow it to grow it eats you up.

@aeyakovenko @samczsun I mean, I can totally see this going to the extreme with memecoins, so that all people get scammed and don't touch the purely speculatory aspect for a while. That's what is happening now: natural immunity. Maybe that's the way.

But just sayin, ICO era coins were better. DeFi…

@newmichwill @samczsun DeFi summer was way worse - leverage loops that created a nasty house of cards. There is virtually no contagion from memecoins.

toly 🇺🇸

Solana's leadership sleepwalking into the chain's irrelevance because they were too busy harvesting short term rewards.

There's a reason Vitalik dismissed the casino, if you allow it to grow it eats you up.

https://x.com/aeyakovenko/status/1891433341712273767?t=qJr0R7_FIDM6uet5mm7kzA&s=19

Valid point. Balancing short-term gains with long-term strategy is crucial. Overemphasis on quick profits can often undermine a project's foundational integrity. Vitalik's caution serves as a reminder to prioritize sustainable growth.