[mattigames]

That reads suspiciously similar to that dreaded meme of "this is good for Bitcoin"

[stavros]

Except that's always said when something bad for Bitcoin happens. The analogue here would be to say "this is actallg good for Unreal", as it's definitely good for Godot that a competitor started charging.

[Dylan16807]

I can see a little resemblance in bringing up something that didn't need to come up, but a competitor raising prices is pretty relevant.

And that meme didn't really take off until it was about all kind of bad events, arguing that actually they were good things, and that's clearly not what's happening here.

[oblio]

You actually made me check, both Bitcoin and Ethereum are holding up remarkably well after the interest rate increases.

Can anyone that follows cryptocurrencies confirm something? I have a suspicion than 99% of smaller cryptocurrencies have been wiped out, though.