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Thomas
@aviationdoctor.eth
> ETH needs its own Michael Saylor With all due respect to @sassal.eth and others who hold this view: I donโ€™t think it does. The only reason BTC maxis love Saylor is because he holds the promise of pumping their bags. Itโ€™s a Faustian growth hack, though. If BTC moons, Saylor becomes its natural figurehead and spokesperson. If BTC dumps hard, $MSTR becomes a single point of cascading failure. Either outcome is terrible. It would be much more antifragile for BTC to achieve the same scarcity by being near-evenly spread across a large population. As for ETH, thereโ€™s only enough supply for every human on this planet to own 0.015 of it (~$50). Imagine a world with far fewer whales and much more krill โ€” true abundance. To repeat: we donโ€™t need a Saylor. Instead, we need to organically put ETH into as many hands as possible, which itself requires that we keep increasing its utility https://x.com/sassal0x/status/1870620451917209603
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@zeuzc
I appreciate your perspective and largely agree with your argument. Ethereum doesnโ€™t need a Michael Saylor because its value proposition fundamentally differs from Bitcoinโ€™s. While Bitcoinโ€™s primary narrative revolves around being โ€œdigital goldโ€ and a store of value, Ethereum thrives as a platform for innovation and utility, where value is derived from the diverse applications built on top of it.
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Thomas
@aviationdoctor.eth
I was once a Bitcoin supporter and donโ€™t wish the Saylor / digital gold maximalism upon that project either, by the way. But that ship has long sailed and Bitcoin will never return to its e-cash, self-custody, cypherpunk roots
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