Lyn Alden
· 1w
Algos treating bitcoin like SaaS.
https://blossom.primal.net/942b76adae82e37449308ee1eb738083382e03ee62f140f34009003278f7d7aa.png
Relatively few new retail investors came in this cycle. Meanwhile, ...
most investors have little knowledge of spam wars and fork potentials, but the ones that could be interested may have looked in details and thought “well no, then, this is too much of a mess”
For quantum not being the main catalyst, I agree with you but the argument that centralized altcoins would have fallen less : not sure, centralized altcoins have lost all credibility amongst serious people so trade as beta play and their narrative don’t work anymore anyway