Been a Bitcoin maxi for so long I failed to evaluate the crypto ecosystem. 🤷♂️ Put "maxi-goggles" aside and look at what the crypto bros have been working on during the eve of a "new" crypto bull run! 🤔 ✅Decade of development. ✅Billions of innovation. ✅Trillion of capital.
👇Eturdium 🔴Rewards insiders and dilutes security... Consensus is literally abbreviated to: PoS 💩 🔴Supply inflation and pre-mine. 🔴Constant upgrades and fragile complexity with 6 monetary policy changes to date. 🔴Institutional adoption increases centralisation - a victim
👇Byenance 🔴Literally issued by a centralised exchange. 🔴Unlimited supply with periodic burns manipulated by the exchange. 🔴Exists only to subsidise trading fees on a custodial platform. 🔴CEO of Binance has been in legal troubles. 🔴FTT token was the previous most
👇XRPoop 🔴Pre-mined banker coin where thesis is will be adopted by central banks. 🔴Ripple founders hold majority of supply. 🔴32,569 blocks are missing from the XRP Ledger. 🔴Best use of funds was dump XRP tokens to fear-campaign against Bitcoin. 🔴Cries about Bitcoin
👇Solanope 🔴VC-pumped pre-mined coin promoted by FTX founder. 🔴Proof-of-History centralizes around high-end hardware and frequent outage 🔴4% token inflation and long term target of 1.5% inflation. 🔴Centralizes as institutions adopt it. 🔴Any innovation on network can be
👇Dogecon 🔴Made as a joke. 🔴No supply cap at 5% issuance. 🔴Zero innovation. 🔴Not even DOGE manifesting into the US government by the richest person and most famous politician can pump price. 🔴Hashrate in gutter. ➡️Free market seems to agree. 📉
👇Troaughn 🔴Plagiarised Eturdium rip-off pre-mined by a scammer. 🔴Endless inflationary supply and centralized super-representatives. 🔴Minimal security. ➡️Free market seems to agree. 📉
👇Cardanope 🔴VC-funded science fair project bloated with endless academic papers. 🔴Pre-mined treasury and stake pool centralization reward insiders and foundations 🔴Says is for the world's poor and that Bitcoin is too centralized and unscalable (yet can only handle 250
👇Hyperstuplid 🔴VC-backed DeFi casino for leveraged perps gambling. 🔴Ticker is literally HYPE. 🔴Endless token emissions. 🔴While it has outperformed Bitcoin, it was only launched in November 2024. ➡️Free market seems to agree. 📉
👇Chainstink 🔴Centralized oracle cartel run by a few nodes feeding useless data to DeFi. 🔴Oracles are a fatal single point of failure for smart contract garbage. 🔴Any innovations or software created can just pivot onto a new token - no need for value to trend towards main
👇Bitcoin Crash 🔴Just... just sad. 🔴Big blocks are dead. 🔴Hashrate went so far down the toilet it is in the ocean. 🔴Devoted promoters online are rude, depressing, and abrasive. ➡️Free market seems to agree. 📉
👇Stelltard 🔴XRP-lite pre-mined banker coin. Fake of a fake. 🔴Permissioned federated validators controlled by insiders. 🔴Literally nobody cares. ➡️Free market seems to agree. 📉
👇ANUS SED LEO 🔴Exists solely to subsidize trading on a custodial scam platform. 🔴Opaque exchange token minted. ➡️Free market seems to agree. 📉
👇Sui-pid 🔴50%+ supply locked for insiders. 🔴Never heard of it. Never will hear of it again. ➡️Free market seems to agree. 📉
👇Hedera Crashgraph 🔴Pre-mined 50B supply and mutable tokenomics via council votes. 🔴Patented, non-blockchain DAG lacks true cryptographic finality. 🔴Corporate-controlled permissioned ledger run by 39 mega-corps like Google and IBM. ➡️Free market seems to agree. 📉
👇Analanche 🔴Endless inflation and staking gimmicks. 🔴Sketchy founders. 🔴Name one thing they have done other than expose the risks of cross-protocol token deals in unstable ecosystems. ➡️Free market seems to agree. 📉
👇Litecon 🟤I'm a little more forgiving for these holders, as the "silver to Bitcoin's gold" narrative was interesting in 2012. 🔴However, it is no longer 2012. ➡️Free market seems to agree. 📉
👇Moturdno 🟤Again a bit more forgiving as the heart of privacy is good. 🔴Future layers on Bitcoin will be far more liquid and private. 🔴Tail emission inflates forever. 🔴Ring signatures and stealth addresses bloat the chain and centralize around a few devs. ➡️Free market
👇Shiba Ew 🔴Rip off of Dogecon... Joke of a joke. 🔴Orchestrated pre-mined meme rug pull with a quadrillion supply. 🔴Relies on Eturdium's bloated L2 for survival. Fully exposed to the Eturdium concentric circles of stupidity. 🔴Nobody with any serious investment thesis has
👇ZTrash 🔴Optional privacy is a gimmick that funnels 20% of block rewards to founders and insiders via a dev tax. 🔴Trusted setup ceremony created a hidden backdoor risk with phantom keys 🔴Bitcoin is more secure and will trend towards being more secure and more private.
👇Polkadump 🔴VC-bloated pre-mined mess with 1 billion supply and endless auctions. 🔴Relay chain and parachutes create complex failure points. 🔴Inflates forever to fund slot leases and treasury foolishness. ➡️Free market seems to agree. 📉
Bitcoin remains as the measuring stick. If you're a crypto-bro that is foaming at the mouth due to my post you need to seriously ask yourself. WHY after so long have you not been able to outperform boomer-dinosaur-coin despite your efforts, innovating, and marketing. Don't
@luke_broyles No Cardano?