Thread
Schrodinger's withdrawals: when stakers will never be able to unlock their ETH but at the same time will all dump at once and crash the price when they can
Similar to the Schrodinger's premined bags that were simulteanously dumped on retail while also being held for years to be staked after the merge for total control of the chain
Similar to the other Schrodinger's premined bags that were both staked for total control of the chain and not staked in order to be dumped while gullible stakers locked >15% of the supply away from the market
Similar to the Schrodinger's monetary policy that literally has infinite inflation because no hard cap, but at the same time is deflationary to pump premined bags
Similar to the Schrodinger's deflation that makes people hoard their ETH instead of using the chain even though people using the chain is what causes deflation in the first place
Similar to the Schrodinger's gas fees that are so high from everyone using the chain that no one even uses the chain at all anymore
Similar to the Schrodinger's staking model that is a passive risk-free money printing scheme while also being so risky that it's not worth it because your money is locked forever and can even be slashed
Similar to the Schrodinger's merge that was never gonna happen because it's like open heart surgery on an airplane changing its engine mid-flight but at the same time was a rushed job in a desperate attempt to pump the price
Similar to the Schrodinger's roadmap that is proof that Ethereum is becoming ultra complex by trying to do everything itself, but also proof that Ethereum is admitting defeat by lazily offloading all the scaling to rollups instead of doing it itself
Mentions
See All
Anthony Sassano @sassal0x
·
Jan 24, 2023
Legendary thread