A person who likes Ethereum (a type of digital money) said that most other digital moneys are not worth much and people are paying too much for them. This person thinks the digital money world is very crazy and risky, like a casino. Read from source...

- The title is misleading and sensationalist. It does not reflect the content of the article or the author's opinion. A more accurate title could be "Ethereum Fan Expresses Doubts About Crypto Market Valuations".

Bearish

Key points:
- An anonymous Ethereum proponent criticizes most cryptocurrencies as having negligible product-market fit and inflated valuations.
- The criticism comes amid big institutions endorsing crypto despite lukewarm retail interest.
- Polynya, a pseudonymous researcher and Ethereum advocate, calls the crypto market "the craziest, most irrational, unhinged casino market the world has ever seen."

Summary:
A long-time researcher and Ethereum fan, Polynya, slams the crypto market as overvalued and irrational. He argues that most cryptocurrencies have no product-market fit and are driven by speculation. His opinion contrasts with the recent endorsement of crypto by big institutions, despite weak retail demand.