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RE: Is Whaleshares dead?
You are not known for mincing your words, but your critique is 100% valid. I don't think anyone who deals in honesty would find that "business model" sound. As you said, it literally undercuts demand for the token.
What's literally happening is that he is "cashing out" so to speak, and he's doing so without having to wait for the powerdowns, which is literally against the tokenomics. In other words, he's supposed to forgo a portion of his votes, in the way of opportunity cost, but he's circumvented the system altogether and thus created hyperinflation so to speak.
He must be done with the platform at this point, and it's just attempting to unload his bag as quick as he possibly can.
Precisely, which is why his last "post" is a "wtf happened" trying to act as if he had absolutely nothing to do with it, no responsibility whatsoever, and ever since then, he's been spamming trending with an text image that reads "account preservation post", which I would symbolically /gestural flag, and now, can't even express that gesture lol. His last post was literally "and I didn't even power down", like his business model could work at all if he powered down or as if what he was doing wasn't exponentially more devastating than powering down and selling.
I don't know how much he can sell at this point lol, and it's not his fault entirely, the fault lies with ever single douchebag there that either encouraged him, is also vote selling for bts, or both, he's just their mascot as far as I'm concerned.
You should look at his blog just for kicks..