Minority Mindset

A tale of hubris and haste, this was-a bundled rug pull, stitched together by hands unseen, unraveling with the grace of a tragic opera in the meme coin realm.

Arkham data reveals BlackRock deposited 2,201 BTC ($192.13 million) into Coinbase, which is roughly the same amount of caffeine it takes to wake up a sloth. The Bitcoin price, currently stuck in a time loop below $90,000, is now questioning its life choices. 🤔

The chaps in the backroom-those clever developers-have been busier than a bee in a bonnet, while the on-chain economy has been sticking to ETH’s market cap like a faithful manservant. And let’s not forget the institutions, piling in with the gusto of a hungry fellow at a buffet. 🍽️

And don’t even get him started on “fintech chains.” He calls them “underwhelming,” which is the nicest way to say they’re a dumpster fire. Tempo, Arc, Robinhood Chain? More like Temp-oh-no, Arc-what-now, and Robinhood’s Chain of Regret. Meanwhile, Ethereum and Solana “overdeliver.” Of course, because those chains are basically the only ones that haven’t tried to reinvent the wheel with a blockchain.

Whereas Bitcoin is a rigid, unchanging, utterly inflexible endeavor reminiscent of your childhood governess, Ethereum is more akin to a loosely organized tea party where the rules evolve with the wind and the enthusiastic marshaling of social agreement. Park quietly points out – in a whisper, lest we startle the deer – that Harvard, while letting itself bask in the mystery of admissions scarcity, is in fact exercising discretion broader than the Milky Way in its vastness.

Now listen here, partner – these city slickers at STS Digital (who probably wear fancier shoes than you’ll ever own) say that what worked for Bitcoin is now being tried on its poorer cousins. It’s like using your grandpappy’s moonshine recipe to make kombucha – same principle, but now it’s “artisanal.” 🥃➡️🍵