Crypto people are genuinely retarded. Make this make sense.
1. robinhood:0xca9c78dd337a67f6e0077f65f5e9218719d30edf goes parabolic. People get rebases and staking rewards in additional NET tokens. The treasury swells to over $30 million through bond sales.
2. People complain about the inflation and say we need to stop it and stop giving people cheap bonds.
3. Price starts dropping toward NAV, so rebases and staking rewards subside, and bond sales slow.
4. Inflation stops completely and bond sales slow, stalling treasury growth. People complain the sky is falling because treasury growth is stopping and the price could fall below NAV.
5. Price goes below NAV and people start selling back to the protocol. NET is burned and the treasury starts decreasing. People celebrate a shrinking treasury, NET burning, and the protocol becoming deflationary.
6. People start asking when staking rewards will come back and want their rebases back… 😂😂😂
The protocol is protocoling.
Moral of the story: you will never be able to satisfy these broccoli heads. 🤦
A citizen that has not been convicted of any crimes has everything confiscated and throw in prison without due process or any trial is Injustice and corruption.
What the point of anything if you can be ripped from your home and thrown in a box by authorities just because?
People should absolutely be ashamed for cheering this simple because they don't like someone.
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