The flaw in this logic is that it fails to grasp how capitalism functions or how the $170Tn global liquidity fueled economic cycles work. Society (and life itself) is a human centipede of perpetual dilution.
Arguing that it is a Ponzi or extremely Ponzi-adjacent is retarded.
Ethereum $ETH in relation to Bitcoin $BTC in Chart 1 generated my absolute favorite signal Bollinger Bands and RSI oversold at the weekly level a few weeks ago
There may be another push down in the next few days, but the outperformance of Ethereum against Bitcoin should start again soon
Also we are currently at exactly the point for this in the four-year cycle
Generally speaking, from a seasonality perspective, Ethereum should historically be ahead of the very strong months of January to May, as shown in Figure 2
It looks like the markets are starting to run ahead of it, as Ethereum has currently already performed over 40% in November
NEW POD 📺
@danrobinson, @hal2001, and @MikeIppolito_ discuss:
- Does Etheruem have a UX problem?
- @AcrossProtocol x @Uniswap
- ERC-7683 & EIP-7702
- @unichain's future
Timestamps:
(0:00) Introduction
(2:09) Ethereum Technical Challenges and Interoperability Solutions
(12:48) Fuel Ad
(13:42) Developing ERC-7683
(21:58) Proposing New Standards
(31:55) Unichain's Future
(36:50) Ethereum Account Abstraction
(42:46) Does Ethereum Have A UX Problem?
(47:30) Crossovers Between Searchers and Solvers