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It will in due time. What value is an inflationary and permissioned “crypto”that has periodic network outages? Why not just use USDT at that point?

In your lifetime? How long before that claim can be acknowledged as being wrong? Because USDT does not increase purchasing power

Down ~50% in 2 years

Up ~1,500% in 5 years Zoom out, right? Like we say to Goldbugs when they point out the YTD performance

Zooming out doesn't work if you didn't own the asset

Patience shitcoiner...

That’s a weird cope, but sure. No accountability for the people that kept saying everything is going to zero against bitcoin I guess

Good question. I’d be surprised if it’s half or even quarter of its current price after two more cycles (8 years) from now.

Man, I wish I had bought that shitcoin. I fell for the mantras and only have bitcoin You live and you learn, ya know

We'll see in 7 months when your 5 year chart catches up to the ATH in SOL-BTC

It’s not my chart, it’s just the chart. And yes indeed, we’ll see of Bitcoin does anything between now and then

I don't see how a centralized shitcoin with no supply cap is any different than fiat currency. "They're the same picture."

Well for starters the centralized shitcoin increased purchasing power in bitcoin terms, and fiat didn’t. So unless you need to buy things I guess there’s no difference

If you're a high time preference trader, you missed your opportunity. If you're a low time preference HODLer, who cares. On a long enough time horizon it will lose value against Bitcoin, just like anything without scarcity.

5 years is a ling time fren People keep saying that, but here we are. We’ll see what happens over the next 5 years. The “It’s all going to zero against bitcoin” mantra needs to be put to bed

It would need to be better money to continue gaining value against Bitcoin long term. Ethereum was gaining for a short time, too. Remember the ETH heads frothing about the flippening? The biggest long term risk is Bitcoin turning into another shitcoin.

If it was competing to be money, but I don’t think that’s the case. People overestimate how quickly and to what extent Bitcoin will be adopted in their lifetime People that bought solana in 2020 dont need to be right 200 years from now.

SOL is just a cheaper, faster, more centralized, less reliable Ethereum. It's scarcity is the same as fiat, infinite. Ethereum has been around for 2/3 of Bitcoin's lifetime, yet even with unlimited supply cap it's < 1/4 of the market cap of Bitcoin. Why would a more centralized, less reliable Ethereum be worth more than Ethereum, let alone Bitcoin?