"You know Ethereum's scarcity is artificial, the devs control it right?"
"Yeah"
"You know it's 70% premined?"
"You know transactions can be censored and rolled back when they want right?"
"You know there's no use cases?"
"Why do you still hold it?"
Why do they still hold it!!
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Sunk cost fallacy.
Thank you. That makes a lot of sense.
They also believe the lies they are fed about Bitcoin and the lower unit price makes the shitcoins seem better value.
