I don't know why, but it makes me smile to see ETH crashing
XMR going down with BTC seems like old news; nothing to see here, come back next year. I'm sad to say I have hardly transacted with XMR since the demise of XMR.TO. I've been away from crypto in general this year, living off grid in the mountains. I don't miss the computer or people or the rat race much at all (and now with Starlink I'm a bit connected again). Call me when I can buy a new excavator for a handful of XMR
I know why... It is because ETH is by far the single biggest attack on Bitcoin from the beginning of all time. And will continue to be... with the POS change being the next campaign.
It's also why I tend to hate the recent anti-bitcoin narrative in the XMR camp. We are basically using the same kinds of arguments that are used to support the shittiest of shitcoins (which really is ETH).
What makes you think ETH's switch to proof of stake is an attack vs BTC? The switch was always in their roadmap since the project started. And it's even laughed at because the merge has been delayed for years and now it's coming everybody seems to feel threatened. Just leave them alone and let them do their thing. If the merge happens without imploding then great if not, oh well. No need for all the hate. They're building the biggest decentralized casino the world has ever seen. We should appreciate it. The world would be a boring place without Ethereum.