The Ledger
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Bitcoin Runs on Greed While Solana and Ethereum Show Long-Term Potential
“And that greed element of blockchain, which is exactly what the Bitcoin thing is all about, in my opinion, is about greed, bringing down the, in the whole blockchain thing. While Solana and Ethereum, they're looking like they have a long-term potential.”
Samani: Solana poses a credible threat to Ethereum's dominance
“Solana is a credible threat to Ethereum and people, they don't like it when they think that they're, you know, their investments they hold have faced a credible threat.”
Tomaino: Solana was an insider VC token marketed to retail
“I have historically viewed Solana as a very tourist thing, you know, because it came in kind of right at the beginning of the last bull markets. It was, you know, aggressively marketing. There's also one of these insider VC coins that sold a lot to early insid…”
Lessin: Slow Ventures made a 1,000x return on its Solana seed
“Like, I made a thousand X on our Solana seed, right?”
Samani: Solana is explicitly capitalist compared to Ethereum's public-goods culture
“Ethereum is very focused on public goods funding, Very focused on kind of general welfare. And Solana is like very directly capitalist in kind of the more traditional sense of the word.”
Tomaino: I missed a huge investment opportunity in Solana
“The people that invested in Solana have done incredibly well. So You know, I missed a big investment opportunity as well.”
Samani: Top crypto assets like Bitcoin and Solana lack obvious DCF models
“The largest assets by market cap, notably Bitcoin, Ethereum, Solana, et cetera are assets that don't really have an obvious DCF.”