Who’ s The Bigger Clown?

With the Ethereum “merge” up ahead Vitalik Buterin slams Michael Saylor as a “total clown” but Ethereum is about to abandon the miners who made the crypto popular in a move to go proof of stake which will essentially make $ETH more like a junk bond than a cryptocurrency.

Will changing the fundamentals of a $400 billion-dollar crypto network work out? No one knows, not even Vitalik.  This year we have seen numerous high-profile DE-Fi companies implode with no remorse and nothing left for the people who thought their money was safely earning interest in their accounts, will the staker’s on $ETH be next?

Saylor is not buying $eth and the Ethereum community hitting back doesn’t change the fact that the kids who built $ETH don’t know much about securities laws, and probably even less about finance. I look forward to seeing how this shapes up.

Read More

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.