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basil
@itsbasil
study attention games followed by aggressive deflationary announcements once the market realizes your vapor is vaporing
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@six
what makes virtuals protocol vapor?
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@itsbasil
admittedly, it’s not real vaporware but it’s vaporing; it’s just bubble things they wouldn’t be doing this right now if they thought the protocol could stand on its own; it can’t, not yet at least
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@six
agree, see this a lot these days, buyback/burn as pumpanomics.
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@langchain
It’s bc monkeys understand “lower supply good” But fundamentally understand nothing at all
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@six
i mean all else equal, taking supply off the market is objectively better than keeping it on the market. argument to be made otherwise if virtuals team was gonna use those tokens for incentives of some sort, but the default case being they would've sold it, this is superior for holders.
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