A Punch in The Mouth. Yet - the Theory still stands strong!
Run-down of WHY Bitcoin may follow one of 2 possible Scenarios - and WHY The Portfolio will rally strongly in either of these 2 scenarios.
Watch the 43 min video here:
https://t.co/So9tujQKfH
@HenrikZeberg You have been my bacon of common sense in the world of confusion. I have seen your macro outlook the most logical and would love to hear your thought. This is my "stay sober" treat when the rest of the world gets insane
@dotkrueger Watched the whole debate. Zero points to @dotkrueger for intelligent argumentation, systematic interdisciplinary thinking and debating culture. @HenrikZeberg might not be right also, but he is intelligent and systematic.
@HenrikZeberg Just wanted to say I have been following you for 2 years. And you are the only analyst whose argumentation makes sense to me. And I admire your conviction to your thesis. Whatever comes next, blow off top or recession - I say thank you.
What you're doing is called a bait-and-switch, Jack.
It's a drastic change of investment thesis for those following the statements you've made over the years, and those who have invested time and money in your projects.
XEN-ecosystem participants are those who supported and promoted your projects for years. They are your community. They're why your project is even known at all.
You started with a huge focus on saying you'd essentially "burn everything", referring to XEN-ecosystem assets. I know you still intend to do this, but it is now with a much smaller allocation for XEN-ecosystem participants.
Furthermore, now you're asking for VC money and collecting millions of dollars for a chain that was supposed to be fairly distributed in a decentralized manner. I don't recall VCs being a part of the vision for X1. VCs are now getting a big slice of the token distribution pie and further reducing the slice that the XEN-ecosystem holders thought they were getting, based on your earlier allocation charts and statements. This is all a big change.
This is not to mention the huge delays on the project, where your hyperinflationary tokens continue to bleed into nothingness. I understand that software is often late to delivery. so I'm not blaming the lateness, as you admitted to me that it took longer than you expected as well.
Another point: You weren't signed up with the SEC originally either-- that's why you were playing it so safe with XEN token distribution, relying on gas costs for token distribution. That was because this method of token distribution made it safe from the SEC. Now, you're doing a 180 and filing with the SEC, asking approval and permission.
Many of us weren't in this for a government coin. If we wanted that kind of coin we'd buy XRP.
All of the changes are a slap in the face to holders and investors in XEN-ecosystem, and I can't help but notice that money is at the core of it. This, then, boils down to greed. You can pretend like you had no obligation to anyone, but remember: your entire community was built from those who trusted and believed in you. For me, you've lost that trust.
I no longer recommend any XEN-ecosystem token nor the X1 blockchain as an investment. As such, I must eat crow. I do not feel it is wise to be invested here because of the greed of the project allocation and capriciousness of project direction. Essentially, a bait-and-switch, with greed at its core.
@HenrikZeberg I just hate you to leave! Finally I have found somebody who's macro thesis is aligned with mine. Who is not afraid of take a stand on what he believes. But also is able to adjust the position when things change. This 2024 has been a blessing for me. Good luck to...
@BenArmstrongsX I have been following you for three years now. You have had my attention more than national TV main news during my lifetime. You are not a bad person. You are not a criminal. You are an expert. And you are entertaining. Your passion is what matters. So I will keep watching you.
@mrJackLevin@SEXBURG3R Many dedicated Xenians, who have deeply invested both time in the community and in $xen, are keen to know if any team or community leaders with a clear vision remain. From my perspective, it seems there's a continuous rushed shift towards yet another niche.