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ETH is genuinely useful. As the global computer, everyone needs it. After RWA (Real World Assets) get on-chain, it’ll grow even more rapidly. So there’s no need for any abstract 'spirit' stuff. Plus, ETH has value capture through fee burning. Although right now it’s all about grabbing the blue ocean market, low margins and high volume, not making much money, once the rapid growth phase ends, and application volume hits the TPS hardware limit, the chain gets busy, and fees start rolling in— it’s going to feel amazing. BTC, on the other hand, is genuinely useless. So it has to rely on some abstract 'Bitcoin spirit' to sustain the idea of: 'It’s valuable because people hoard it' 'People hoard it because it’s valuable' This kind of circular reasoning. If even this abstract 'Bitcoin spirit' disappears, then it’s truly worthless. :)

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Today 2026-11-04
05:18

$22.04 million worth of BTC was traded in a single transaction, originating from Hyperliquid perpetual contracts.

04:48

More than $116 million flowed out of the US spot BTC ETF market.

04:32

$26.35 million worth of BTC was traded in a single transaction, originating from Hyperliquid perpetual contracts.

04:04

Democrats win control of the U.S. House of Representatives and Senate

04:02

Sam Altman: Opposes AI determining human lifestyles and resource allocation