🤔 $ETH is falling at $100K for $BTC
➡️ Each new rise of Bitcoin to $100k increasingly shows the weakness of $ETH. Ethereum is losing ground against Bitcoin. Not temporarily, but systematically.
1st time, $ETH is $4,000
2nd time, $ETH is $3,900
3rd time, $ETH is $3,700
4th time, $ETH is $3,400
5th time, $ETH is $3,000
6th time, $ETH is $2,800
7th time, $ETH is $2,700
8th time, $ETH is $2,000
➡️ A discussion is unfolding on Twitter:
✏️ Ethereum is no longer an alternative to Bitcoin, but a network for stablecoins and CBDCs.
✏️ Authorities can freeze tokens, track any transaction, and restrict access to funds.
✏️ More than 50% of validators and nodes are in the USA, the network is easily censored.
✏️ Privacy is dead, users accept everything — as long as it's convenient (regarding updates).
✔️ $ETH could be worth $20,000, but it simply replicates the old banking system — only on the blockchain. And Bitcoin remains the only truly neutral and independent network.