all unpegged tokens without explicit cashflows for token-holders, are, for all intents and purposes, money-competitors. The fact that there is, still, even $47B of wealth stored ‘inside’ ETH, is a temporary mistake and exuberance which will unwind. ETH is overvalued.
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Replying to @MustStopMurad
Except that ETH is the most viable crypto-based competitor for money that BTC has. Don’t @ me.
1 reply 0 retweets 9 likes
Replying to @RyanSAdams
Goes to say how weak BTC competition is 
2:17 PM - 21 Jul 2018
0 replies
0 retweets
14 likes
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