It's disappointing the market didn't purge itself of more shitcoins in this past downturn. So far it's only Bitconnect and that was as blatant a scam as is possible. Drawdown of TRX, BTG, EMC2, XVG is ~80%. Rationality of public markets has, if at all, only marginally improved.
I think in the long-run, 1-3 big winners will remain. Only sound SoVs can have value, by definition.
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Seems like we share the same thesis ;) Although for me the SoV argument is more of a tautology - ie they’re SoVs because they’re valuable and vice-versa.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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