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$VVV 🔥
My view and little rant on a recent group chat discussion:
The equity vs token debate about $VVV is just another sign of how ridiculous this crypto space can be.
The token was never equity. No tokens are equity. We should all be clear on this in 2026. Yet in this case with @AskVenice , the equity holds a substantial portion of the tokens, real meaningful revenue is being used to buy and burn the tokens (as seen from my RT) thus increasing the value of the tokens, and the tokens have a legitimate utility (not the theoretical kind we are used to) that I and many others use to cover our daily inference costs.
Now you have a company that doesn’t need to sell their token holdings cause they are well funded and profitable and people want to make that a bad thing for the token. But... they will also complain every time the Eth foundation sells their treasury holdings to fund ops. Go figure. There is no winning in crypto.
I dont know why this space wants to hate on anything real, productive, or innovative. But celebrates $Ansem token like it's this miracle drug for crypto. Its turning off serious people in droves. What's left are suits at institutions that will hopefully benefit from a more open financial system but have no conviction to fight through ups and downs, morons that will lose money on meme coins, and hackers/scammers looking for every opportunity to steal $.
In my 13 years in crypto, I am more turned off then I have ever been. The scary thing, price has nothing to do with my frustration.
Thankfully, there is a ton of innovation happening outside of crypto to be inspired by, invest in and support.
End rant.
Venice@AskVenice
The latest discretionary $VVV burn has been executed. At a total of $267k in VVV at time of burn, this is the largest yet.
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