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Jupiter is preparing to vote on whether to stop buybacks $JUP
I actually said this more than half a year ago: all the narratives about token rights/income/buybacks today are self-deception—if one narrative doesn't work, switch to another.
Any coin that isn't fully circulating is essentially unable to control its own inflation because there will be continuous unlocking. This is an objective fact; it's like even if you flap your arms faster than a bird, gravity will still pull you down.
The issue isn't fighting gravity, but how to utilize it.
I wrote about the Turkish lira two weeks ago; I suggest @sssionggg refer to it.

SIONG
@sssionggg
01-03
what do you all think if we stop the JUP buyback?
we spent more than 70m on buyback last year and the price obviously didn’t move much.
we can use the 70m to give out for growth incentives for existing and new users.
should we do it?
DBR's repurchase rate is quite good.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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