f1go.eth
39.1K posts
f1go.eth
@FigoETH
CROPSmaxxing. Playing infinite sum games. The world is full of rings - the hooks are all yours. NFA.
Joined April 2010
- Why ETH will flip BTC. BTCs block subsidies halve every 4 years. So far fees don't match these declining subsidies. When BTC price can't keep up and miners can't economically sustain their operations BTC chain will have a massive security problem, also impacting BTC the asset.
- ETH has all the fundamentals to be worth $100k+ somewhere 2035. That's it. That's the post.
- I didn't hold ETH since $100 just to sell during an external driven panic. ETH still base layer of trust for onchain economy. Disrupting finance, gaming, social and every other usecase where human coordination is involved. Ticker is always ETH.
- ETH = only asset with 4 huge narratives next 3-12 months. - EIP 4844 scaling ETH to Solana level tps (with ultra high security guarantees). - Offchain DA solutions offering 10k+ tps - ETH ETF likely during 2024 - Tradfi discovering ETH with 6%+ yield / being deflationary
- ETH staking ETF coming. 25k still in play.BREAKING: BlackRock has filed to allow for in-kind redemptions from its Spot Bitcoin ETF to skip swapping into dollars altogether SEC Commissioner Hester Peirce told me that would be one of the first things she was excited to revisit The other was $ETH ETF staking. Higher
00:00 - ETH never did a rollback. BTC did. Facts.On August 15, 2010, Bitcoin broke. A bug in Block 74638 created 184 billion BTC out of thin air. That’s not a typo. Two outputs of 92 billion BTC each slipped through because the code didn’t check for integer overflow. The system just accepted it. Bitcoin’s sacred 21 million
- Luna was good at being a ponzi. Solana is good at making Kyle rich. Avalanche is good at making it's founders / VCs rich. What do they all have in common: they are terrible L1s, making huge compomises on the blockchain trilemma. Longterm extracting value out of the system.
- Situation of ETH rn reminds me of Tesla before it's iconic bull run. Was fudded to the ground by all kinds of people, some more sophisticated than others. Shorted by most of Wall Street. We all know what then happened. Fundamentals always win longterm.
- ETH is undervalued until 25k this cycle.
- ETH is 10x ahead of everything else. Quite literally. Big boys want security, reliability and resilience. ETH simply delivers what they want.Probably nothing.
- Trump owns 5x more ETH than BTC. Personally don't like him but have to say he has taste. And likely more longterm vision than 99% of CT.Donald Trump's highest crypto allocation is $ETH
