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I can't hold it anymore... I absolutely despise everything about Cardano

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by COINS NEWS 96 Views

Cardano is incredibly expensive. (Like, omg, wtf!) How are people so hyped up about it? Have you people ventured outside of it and Eth L1 by any chance? What's so great about Cardano? It cost me 0.2 ADA to SEND ADA... FROM A WALLET!!! Bruh! I mean, if that was it, maybe I'd ignore it, bite the bullet and keep trading, but it isn't... the DEXes require a freakin' 2 ADA deposit FOR EVERY SINGLE TRADE!!! What the actual f***!!! ???? ????????! Plus, it's slow ????! Painfully slow, if the person is used to proper blockchains.

All it takes is one visit to basically any other ecosystem to realize this thing stinks. Get at me, ADA bros. You're the most confusing investors in the space. I'm literally still waiting for the deposit and I've been writing this off and on (while doing other stuff) for the last 10 minutes.

Not shilling intentionally but facts: BSC, Solana, Algorand, Polygon, Polkadot, Avax, Cosmos, Internet Computer, Hedera, MultiversX, VeChain, every L2... all of them wildly outperform Cardano. In fact, it seems that big money investors agree, as Cardano's marketcap/tvl is not only the highest in the top-25 blockchains, it is one of only three blockchains with a score in the double-digits (and both of the alts in the bottom 3 are infinitely cheaper and faster to transact on):

BSC - 11.21 Solana - 31.45 Cardano - 59.98

59.98! Think about that... 22/25 blockchains have a score of 9.99 or less and this supposed Godsend (if you ask Ada maxis) still today sits almost 6x higher in the category that quite literally is used as part of the justification for the current market cap.

????‍♂️

It also has a remarkably tiny amount of stable coins on it ????????????. $15M... I know many of you reading this don't understand just how little that is but I'll give a few examples for comparisons sake:

  • ZkSync Era is ranked 1 above Cardano in total TVL and has almost 10x the amount of stables on it. It doesn't even have its own token yet!

  • DefiChain (excuse me, what? What even is that?) has the same amount of stables on it. Its mcap/tvl is 1.02. I refuse to look this chain up to go more indepth than a few baseline stats but ????‍♂️omg Cardano.

  • Ethereum, Tron, BSC, Arbitrum, Polygon, Avalanche, and Solana all have > $1B in stables. Cardano on the other hand is down on the list with a bunch of no-names like DefiChain, Mixin, Polygon zkEVM (not regular Polygon... no... their fledgling zkEVM). Shoot, even Osmosis is less than 2.5x away from Cardano in stables and only a 40% increase away in tvl...

Cardano isn't some upstart chain. This is one of the oldest, most maxi-heavy chains in existence... The state of things today is embarrassing. Literally no one should be an ADA-maxi. It's absurd! So, please ADA bros, get at me. Explain to me and the rest of the world what it is that we're missing ???? ???? ????

P.S. my deposit arrived 20 minutes after I sent it ????

submitted by /u/yesweyolo
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