People have said this isn't going to be a Bitcoin cycle.
Most of the people I have talked to at KBW so far have said Bitcoin is still their biggest weighting. Especially Asian people.
I think that there is room for other hard money assets in the industry and allocating and hedging to other assets like Zcash, Monero, Pearl etc for their various narratives and use cases is a good bet and wise decision to have some exposure.
But it will be a cold day in hell when and if something manages to become harder money than Bitcoin.
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The Finance Factory has got to be one of the most giga brain projects on Solana.
MechFi is one of the more interesting verticals as far as I'm concerned.
Perpetual fucking motion baby!
For every single good coin that pumps there is always a wave of fudders that follow.
Doesn't matter if it's zcash:native, pearl-2:native, near:native or anything even low caps.
Sometimes the fud is warranted. Often times it's just people that missed entry who become increasingly infuriated watching the chart go higher and to the right.
Yes the classic fudding for entry. Sometimes these people are borderline schizophrenic.
They belong in the looney bin along with the even more crazy - the classic "fud the coin / protocol you think is vamping the coin you're in" psychopaths.
I'm agnostic towards which crypto is the hardest money in the long run, but it seems there is some discourse on the TL regarding Zcash being a better BTC etc etc
Hypothetically If Bitcoin is abandoned at scale and that capital flows into $ZEC because private balances, or because quantum proof or *enter the narrative here* then a precedent gets set.
No matter which money is the hardest at any given time, there is no moat and its subject to change because as soon as a better technology comes along everybody capitulates to the new hardest money.
i.e. Zcash was great because private balances and quantum proof, but the work was useless.
**** is so much better because the work can be used for AI inference and its fully private and quantum proof etc etc.
Seems like it leads to fragility?
What's your take on this ?