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safetyth1rd
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What if
Everyone is piling into stablecoins
Just as the Dollar begins a multi year decline
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Negative funding hits different when you’re in a basis trade
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There’s no bull case for ETH except -Vitalik is not a piece of shit, actually still works hard daily on it -As do a large number of independent researchers and developers -clients and development distributed enough to minimize “bus factor” -decentralized consensus -only sovereign state resistant ledger -main asset issuance ledger for both L1 and L2s -main home of stablecoins, the number one use case of blockchain -only sovereign asset on Ethereum -deflationary tokenomics/better supply than Bitcoin -ever growing TVL -largest crypto asset besides Bitcoin -people use Ethereum and its l2s daily, it has the largest app ecosystem that’s constantly improving
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Maybe if we meme eth as digital oil harder it will spike like oil does tomorrow on Middle East tensions
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Oh boy another chance to buy ETH at 2k
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Eth attempted to breakout and we got WW3 Lesson in there
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