Back in 2021, Dan Held predicted, "Only a fool would buy IOTA"—and in 2026, his prediction remains 100% accurate 🔥 Back in March 2021, after the entire IOTA network was paralyzed due to a stolen wallet, @danheld posted the following: "Only a fool would buy IOTA." (Original tweet link) IOTA's fervent fans were in an uproar. Memes and angry comments flooded the internet, with people shouting, "He doesn't understand Tangle at all!" They even started a satirical project called @iotamorons to mock him. Five years later… how is this "revolution" going? Perhaps @DomSchiener can explain. 📉 Price and Performance IOTA is currently priced at approximately $0.063. Market capitalization is approximately $270 million. It's down approximately 99% from its all-time high of $5.69 in 2017. If you bought IOTA instead of Bitcoin in 2021, you would have suffered significant losses due to opportunity cost when Bitcoin's price surged above $92,000. 🛠 A Roadmap Never Fulfilled - Promises of fee-free machine-to-machine payments and an IoT empire via Tangle. - Over 7 years of developing "Coordicide" to remove centralized coordinators (their security crutch). - The latest "Rebased" upgrade? A direct copy of Sui's Move language, abandoning the core promise of fee-free/Tangle payments. - Bonus: The IOTA Foundation hard forked and increased the supply by 50%—primarily for themselves. Classic. No real progress in driving IoT adoption. Only endless rebranding, delays, and transformations. Dan wasn't intentionally being pessimistic; he just wanted to prevent people from getting trapped. Lessons from 2026: Listen to the truth. Ignore the hype machines and their foolish propaganda. #Bitcoin #Cryptocurrency #IOTA
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