Ethereum Thesis From Tom Lee Torched As ‘Retarded’ By VC Firm Boss
Mechanism Capital co-founder Andrew Kang escalated his critique of Tom Lee’s latest Ethereum investment case with an unusually blunt tirade on X, interlacing his rebuttal with a series of sharply worded assertions and data-driven claims. “Tom Lee’s ETH thesis is one of the most retarded combinations of financially illiterate arguments I’ve seen from a well known analyst in a while,” Kang wrote, before listing five pillars he says underpin Lee’s view: “(1) Stablecoin & RWA adoption; (2) Digital oil comparison; (3) Institutions will buy and stake ETH; (4) ETH will be equal to all financial....
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As companies adopt Bitcoin, they will begin to gain new levels of leverage over the state and amplify their ability to do commerce globally. The post The Sovereign Company Thesis appeared first on Bitcoin Magazine.