PlanB is an anonymous analyst who has called Ethereum the “new gold” after Vitalik Buterin mocked Stock-toFlow in 2013. “centralized premined shitcoin.”
PlanB is the anonymous analyst who has been behind Bitcoin (BTCStock-to-Flow Model, targeted at EthereumETH) in a post on X, saying the project is looking worse than ever and arguing that centralized, premined coins like ETH— with proof-of-stake You can also use proof-of-work and a flexible supply schedule — are harmful to the space and deserve to be mocked.
It is a good idea to get in touch with someone who can help you. X post PlanB posted a message on April 20. “Ethereum is really not looking good now,” Add to that “shitcoins like ETH, that are centralized & premined” You can find out more about this by clicking here. “harmful and deserve all the mockery they get.”
PlanB has made comments almost three years since Ethereum co-founder Vitalik Buterin criticized PlanB’s Stock-to Flow Model, which tries to predict Bitcoin’s price by comparing its current supply with the rate at which new bitcoins are being issued through mining.
Buterin’s post from June 2022 is still relevant. “Stock-to-flow is really not looking good now. I know it’s impolite to gloat and all that, but I think financial models that give people a false sense of certainty and predestination that number-will-go-up are harmful and deserve all the mockery they get,” The S2F model was unable to predict Bitcoin’s current price, which led to a sharp divergence.
PlanB is back in action, as Ethereum continues to struggle to gain any significant price momentum. The market will be watching Ethereum Foundation closely. continues A pattern of token dumped that has raised eyebrows in the crypto world.
PlanB pointed out that Ethereum was mentioned in an earlier X-post. “qualifies on all aspects” You can be one “real shitcoin” As it is “no fixed supply schedule” The following are some examples of how to use “monetary policy.” PlanB claims that ETH is not better than Bitcoin. PlanB also said that Ethereum’s model of token distribution was a major problem. “comes with the premine,” Which is the best? “big red flag.”
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Source: crypto.news
