{"id":49271,"date":"2025-09-24T14:01:49","date_gmt":"2025-09-24T14:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49271"},"modified":"2025-09-24T14:01:49","modified_gmt":"2025-09-24T14:01:49","slug":"tom-lees-ethereum-bull-thesis-slammed-as-financially-illiterate","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49271","title":{"rendered":"Tom Lee&#8217;s Ethereum Bull Thesis Slammed As &#8216;Financially Illiterate&#8217;"},"content":{"rendered":"<div>\n<p><strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) is down 10% over the past month, raising questions about its near-term upside and the validity of <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47672479\/tom-lee-says-ethereum-is-entering-a-macro-super-cycle-for-the-next-decade\"><strong>Tom Lee\u2019s<\/strong> lofty upside targets<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Mechanism Capital founder <strong>Andrew Kang<\/strong> <a href=\"https:\/\/x.com\/rewkang\/status\/1970782770805813392?s=46\">argued<\/a> on X that Lee&#8217;s Ethereum thesis is deeply flawed and \u201cfinancially illiterate.\u201d <\/p>\n<p>Kang underpins his rebuttal with the following arguments:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Stablecoin &amp; RWA adoption<\/strong>: Ethereum fees haven&#8217;t scaled proportionally to growing transaction volumes, as network activity shifts to other chains like <strong>Solana<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) and <strong>Arbitrum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">ARB<\/a>).<\/li>\n<li><strong>Digital oil comparison<\/strong>: ETH may resemble a commodity, but this is not inherently bullish. Historical commodity price behaviour &#8230;<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47840711\/tom-lees-ethereum-bull-thesis-slammed-as-financially-illiterate\" alt=\"Tom\" lee ethereum bull thesis slammed as illiterate>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum (CRYPTO: ETH) is down 10% over the past month, raising questions about its near-term upside and the validity of Tom Lee\u2019s lofty upside targets. What Happened: Mechanism Capital founder Andrew Kang argued on X that Lee&#8217;s Ethereum thesis is deeply flawed and \u201cfinancially illiterate.\u201d Kang underpins his rebuttal with the following arguments: Stablecoin &amp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-49271","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49271"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49271\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}