Going down as one of the most hated rallies IF ETH actually manages to go up from here

Some thoughts nobody has the intention span to read this anyways. I'm curious to find out what works in the longterm. A project doing buybacks/burns to push up prices

Or a foundation who constantly sold off their own tokens for the sake of research/grants/development etc

When it comes to the stock market, buybacks received their fair share of critism. It being an "accounting trick" for higher EPS with the added benefit of more tax optimal over dividends. Buybacks is self canabalization because instead of using the money for research, new products etc it's all about short-term share holder while companies are incentivized to pump stock prices, meet their bonus etc

Is that the same with crypto? Or is in crypto buybacks/burns more beneficial for price itself long term instead of going to development/research etc to outcompete the competiton. Yet In crypto, projects are judged by its price and community perception together with influencers being bribed