During a previous podcast, Super Jun mentioned that the purpose of the Benmo community is to achieve wealth through altcoins while safeguarding the fundamentals, where altcoins represent the "end" and Bitcoin represents the "beginning." The idea is to mine altcoins and exchange them for Bitcoin. I said there's an awkward aspect to this: the teams behind altcoin projects think the same way, trying every means to sell the coins they issued to convert them into Bitcoin, using EOS (bullish) as a model. If the project teams think this way, how can their coins not decline?
Show original
11.03K
34
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.