Justin Bons, the founder of Cyber Capital has published a thorough scrutiny of some digital assets in the crypto ecosystem. In a post on X, Bons categorized Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE as “collective delusions.”
Bons’ Call for Improvement in Digital Assets
In an explanatory note that Bons provided for his categorization, he implied that nothing is perfect. This could be a hint that he was calling on innovators linked to the digital assets to improve on their overall operations.
According to him, “Every chain has room for improvement, without acknowledging the flaws, you can never improve. This is true for individuals as well as cryptocurrencies.”
Notably, Bons in a bid to project objectivity stated that he supports some of the aforementioned assets and his criticism should not be viewed through the lens of rage. He encouraged members of the community not to be deterred but to aspire for improvements despite not being perfect yet.
“Do not let perfect be the enemy of good,” Bons stated. The Cyber Capital founder expressed willingness to be critiqued as long as it was not from a position of internal bias.
Bons Gives Commendations Amid Criticism
Other digital assets that got his attention included Bitcoin (BTC) and Ethereum (ETH) which he described as having centralized governance but do not scale. He tagged Solana (SOL) and Toncoin (TON) as having “lied about the circulating supply.”
Interestingly, WIF and BONK got similar categorization as Shiba Inu, PEPE and DOGE. Bons labeled WIF and BONK as the “latest generation of collective delusion, this time powered by Solana.”
Surprisingly, Bons has commendations for Tron (TRX). He maintains that the protocol is “disrespected by the wider crypto community, yet is the leader in remittances.” Similarly, he considers BCH to be right, but the community is still too small.
Bons shared a similar post on X last week on the positives in the top 50 cryptocurrencies. He restated that his intentions were pure and meant to improve the crypto ecosystem so that the future of the industry could be bright.
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