I too really liked @vitalik.eth’s post but I can’t help but find it funny that different groups RT’d it with obviously ironic selfish motives:

- VCs justifying existing investments
- Investors using it to say ETH is doomed
- Chains saying their roadmap is better

As multifarious as religious text interpretation!

ヽ(⌐■_■)ノ♪♬ @ @gauntlet/🤖Ventures/tldr/Aera \\ ¯\_(ツ)_/¯ Struggling with the nature of randomness \\ main: @gaa \\ /red-bull /defi-research maxi

Fascinating how you can identify which bags they are shilling from a couple of sentences 

IMO, it all boils down to the simple reality that >90% of crypto's $ value comes from being alternative stores-of-value, and that is entirely a belief system. Justifying beliefs with "tech" does not mean valuations are tech-based

Could we call every abstraction as an “alternative asset” which stores value relative to its “country” of origin?

I mean, yes — everyone needs to believe it’s an alternative SoV, but that alone won’t take it anywhere!