I like the idea of pearl but I don’t believe it can come close to bitcoin. The team itself is the biggest reason. You will never have private money launched by a group that you can point to ever achieve escape velocity as money. Money needs moneyness but it also needs anonymity and disaggregation from the very system that creates it. That’s the primary property of bitcoin. The original bitcoin network and the first bitcoin were both created by Satoshi but neither do we know who he is, and nor do we need to know. The protocol does one and one thing only. The idea that let’s say some loser neoclouds are begging to get subsidized by the chance of a crypto token to fund their GPU cluster operations is ludicrous to say the least. Anyways even if there was a compelling fundamental reason to buy Pearl, the massive supply overhang only makes the case even worse. https://t.co/Al1CRGvUoR