Alan Siefert on Nostr: No altcoins are good investments but ETH has got to be one of the worst. On top of ...
No altcoins are good investments but ETH has got to be one of the worst. On top of the infinite supply there is the issue of it being easy and cheap to use other chains like Solana for L2 tokens. Decentralization and security aren’t really issues because no nation state or sophisticated attacker gives a shit about an NTF. Stablecoins like Tether can be done on BTC, LN and side chains. There is no moat.
Published at
2025-02-03 19:09:54Event JSON
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"content": "No altcoins are good investments but ETH has got to be one of the worst. On top of the infinite supply there is the issue of it being easy and cheap to use other chains like Solana for L2 tokens. Decentralization and security aren’t really issues because no nation state or sophisticated attacker gives a shit about an NTF. Stablecoins like Tether can be done on BTC, LN and side chains. There is no moat. ",
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