🐬Flippening Maxi🐬
South Park, CO
Joined November 2017
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Butters 🦇🔊 retweeted
One of the most underrated facts in crypto right now! 📈
Since Ethereum's burn mechanism (EIP-1559) launched almost 5 years ago, ETH inflation has been LOWER than Bitcoin's.
🔹 ETH supply growth: +0.803%/year
🔹 BTC supply growth: +1.373%/year
Ethereum is now the harder money than Bitcoin. By a meaningful margin.
Add in the fact that:
🔹 7.33M ETH is locked on corporate balance sheets (~6% of supply)
🔹 ~30% of supply is staked, generating yield
🔹 ETH is increasingly used as collateral across DeFi
Bullish Ethereum.
Butters 🦇🔊 retweeted
Last weekend @allam_hamdi and I set up our own Ethereum nodes.
It took 3 hours and basic consumer hardware.
The fact that I can secure a global financial system from my laptop is batshit insane.
Ethereum is inevitable.
Butters 🦇🔊 retweeted
The amount of $ETH staked: 30%
The increased supply in 2024: ~$170M.
The inflow in the past 10 days in the ETF: $130M.
If this inflow starts to pick up momentum, the impact on Ethereum's price is going to be significantly bigger than Bitcoin.
Butters 🦇🔊 retweeted
Anyone trying to shoehorn crypto to align with one specific party is prioritizing their personal politics ahead of the interests of the industry
Technology is bipartisan
The internet is bipartisan
Crypto is bipartisan
Butters 🦇🔊 retweeted
New TradingView chart tradingview.com/chart/BTCUSD…
Butters 🦇🔊 retweeted
last cycle was throttled for ETH due to FTX "hidden" selling of customer ETH to prop up "sam coins"
now he's in jail, and we have ETFs coming for ETH with multiple new sources of demand likely
people using last cycle's action to predict this cycles behavior may end up shocked
Butters 🦇🔊 retweeted
60 to 38.
Gensler installed a roadblock to US banks holding crypto and the Senate just voted to repeal it.
Even Chuck Schumer voted pro-crypto.
Elizabeth Warren's anti-crypto army got publically crushed today.
If i was the SEC Chair I'd be circulating my resume.
Butters 🦇🔊 retweeted
eth/btc 10 years: 76000%
aug 2014: eth launch: 0.31$
aug 2014 btc: 477$
today: btc 63000$
today: eth: 3024$
total: btc : x132
total: eth : x 10080
From somebody I know who has 1 Billion dollars worth of $LINK:
"have been getting calls from the big banks to buy off market. You can post that"
I won't mention the person's name. (it's @Junko__Suzuki)
Butters 🦇🔊 retweeted
i see so many ct accounts make their identity be about absolutely ANYTHING but the ethereum ecosystem
they KNOW ethereum is the worst platform ever, how dare it charge fees, its clear to them L2s are such a forced narrative
they are super bullish on Bitcoin and ordinals
they think solana is the best platform ever
they think the plethora of cosmos appchains are always perpetually next in rotation
then they somehow between all of this they absolutely see PMF for avax, ftm, sei, sui, aptos
and on top of all of this they are in some unbelievable way certain that new L1s like monad are definitely the death blow to ethereum, like thats the one bro fr
bros
you need therapy
fr
eth is money, imagine not wanting money
clouted
Butters 🦇🔊 retweeted
The Ethereum $ETH ETF will generate record breaking results
The likes of which financial markets have never witnessed before
And towards the end of this cycle
$ETH will flip $BTC as the number 1 cryptoasset in the world. This is obvious
BlackRock's Ethereum-based tokenized fund BUIDL enjoyed strong demand in its first week, attracting $245 million in deposits.
trib.al/1t0KbJW
