thoughts:

One of the best ways for me to learn is to share a half baked idea and let others tell me why I’m wrong (or occasionally right)

I used to do this in private discords but activity has dwindled and my adhd requires quicker feedback. So here we are

Core thesis: ETHBTC has bottomed / Make ETH Great Again / Slurpin the Dipperino

Some postulates -

P1: if bitcoin dies, crypto dies

I don't think this is a hot take. BTC is the ultimate safe crypto bet. If it gets flipped by SuperBitcoin3000™, the long term investment thesis is gone. No passing go, no global reserve currency, and industry wide loss of faith in internet funny money

P2: if eth dies, NFTs die

More controversial but try viewing through the lens of P1. If ETH goes to 0 and punks/XCOPY/etc become valueless, how does one convince another to buy "GRAILS" on NewCoolChain™? Again, the long term investment thesis is gone. No one collects NFTs on dead chains

Why now?

Canary in the coal mine -

Crypto art market has been slowly but steadily picking up. The biggest sales are happening on ETH. Buyers will need ETH to buy the best NFTs. AlwaysHasBeen.jpg

This is not meant as a slight to other chains, only an observation. I'm not a financial advisor, just a rainbow cat larp who made money predicting NFTmania many years before it happened. Feel free to discuss below