As per PANews, Mechanism Capital partner Andrew Kang criticized Tom Lee's bullish Ethereum arguments as 'stupid' and the most financially illiterate he has seen recently. Kang refuted Lee's claims on stablecoin and RWA adoption, the 'digital oil' analogy, institutional staking demand, and the comparison of ETH to financial infrastructure enterprise value. He also noted Ethereum's technical chart remains in a multi-year consolidation range without a breakout. Earlier on the same day, BitMine chairman Tom Lee described Ethereum as a 'truly neutral chain' that would gain favor from Wall Street and the White House.
Mechanism Capital Partner Slams Tom Lee's Bullish ETH Argument as 'Stupid'
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