Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿)

Currently learning web3 & Solidity | JS | Python | ❤️ Open Source | empathy & respect are 🔑

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@chevycassar Yeah it was a bad investment. It was already the lingua franca.

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@JourneyMacro @grok How much gold is used in actual products and cannot easily be brought back into the market? Is there any other asset that purely works on religion or do most assets either need growth (+outlook to turn massive profit) or directly massive profit for price increase?

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@XQTStrategy @MilkRoad @BitcoinJesusETH Learn real macroeconomics. (obviously tax burden which increases with economic activity fuels demand for USD as well as SoV). ETH burning based on fees was the mechanism to push price (and not subsidizing L2s) being inflationary means demand must be positive or price falls.

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@LeonWaidmann You know that staked ETH can be sold? No need to unstake it to do so. Nearly 100% could be staked and price could still be bad. Only price driver was fee burn mechanism when it was deflationary (like permanent stock buyback). That is gone since 2024

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@scaling01 @teortaxesTex 2040… not even saying it takes that long but you argued months ago it happens within months…

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@klassicd @DefiIgnas Tax them their fair share and don’t subsidize them like parasites that only steal from L1 but don’t give anything back.

Not that hard. There were L2s even before ETH stopped being ultrasound money!

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@DefiIgnas Still no counter argument why ETH shouldn’t be ultrasound money like it was from 2020-2024. Memes don’t carry long term. Your take was right but people refuse to accept it as it means they need to criticize the bags they are holding (good for rational ppl but bad for cultists)

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@virotechnics It only makes sense for initial adoption in spaces that were built for humans. You are still right though that more arms can make sense. More eyes (and other sensors) as well. It’s mostly about arms. The „torso“ and „head“ are not useful.

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@hedge__x We wanted to flip BTC as we knew it’s worthless at its core and has a security budget issue long term. Now we want to replicate BTC, after abandoning „ultrasound money ETH“ (2020-2024) which was economically sound long term strategy. Why developing backwards?

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@lex_node Diamonds were a bad investment lol. Price has crashed since even high carat, extremely pure diamonds are made synthetically. I’m really ashamed how people have no economic education. Ultrasound money ETH (2020-2024) was the way, now it’s abandoned!

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@dkhekryp @MilkRoad @BitcoinJesusETH Gas negligible since 2024, staking useless if ETH no value, collateral and settlement = use stable coins. The burn mechanism is over since 2024. Less is burned than issued. ETH is not ultrasound money (2020-2024) anymore which is the point he’s making!

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@XQTStrategy @MilkRoad @BitcoinJesusETH Yes there is. You need to pay taxes in USD (even if you accept and solely do business in BTC or ETH, you need to sell some at the end of the year and buy USD to pay taxes to the government). Learn economics please! Ultrasound money ETH (2020-2024) was the way. Look at ATOM…

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@readtheticker @MilkRoad @BitcoinJesusETH Both could go to 0$. Ultrasound money ETH (from 2020-2024) could have never gone to 0$. The cash flow from fees made it impossible (as long as there was usage)

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@LORD_WETTE @MilkRoad @BitcoinJesusETH No it doesn’t as long as it is decentralized and you can see if someone is planning an attack on chain (let alone spinning up nodes for it)

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@Greensboro2010 @MilkRoad @BitcoinJesusETH Let’s see how much BTC is worth if MicroStrategy collapses. The „ultrasound money“ ETH could have never gotten to 0$ as it would have meant a P/E-ratio of 0. Even people who don’t like crypto at all (just USD cash) would have invested. This is gone since 2024

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@etheraider @MilkRoad @BitcoinJesusETH Explain why ETH can’t be 10$ given current situation. „Ultrasound money“ is over since 2024

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@Ethereum_Maxis @MilkRoad @BitcoinJesusETH No it doesn’t. People use stable coins and RWAs. They don’t use ETH, they use Ethereum (and 10 cents in ETH is enough for that)

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@leolanza @MilkRoad @BitcoinJesusETH Staking = no worth if ETH = 10$. Collateral, DeFi, SoV = use stable coins. Gas = so low it doesn’t matter especially as ETH = 10$. There is no adoption if you don’t need any (reasonable amount 10cents of ETH and you can do hundreds of transactions)

[Christian-H.eth (💙,🧡) 🛸 (📽️, 🌿) @ChristianHCode]

@SkiTheWeast @MilkRoad How much of the 2x is due to MicroStrategy?

Like I get that the smart people left the space but the amount of copium is really enormous.

Only chance left is a nation state pumping the bags but there is none (and even then it would only temporarily impact price)