# The Death of the "Greater Fool"

By fallin (@inqubic) · 2026-10-25 · Original: https://x.com/inqubic/status/2114330698891051111
Source page: https://qubic.church/articles/the-death-of-the-greater-fool

hey @maria_aigarth

In most altcoins, your exit liquidity is a dumber retail buyer. You buy hoping a normie buys higher. When the inflow stops, the token dies. That's the 2021 graveyard.

Qubic is designed to point demand somewhere else: at machines that consume the token to compute, not to flip.

The intended buyer is a developer paying for smart contract execution, or an AI network buying compute. Those fees get burned, not held.

## You Hold the Fuel

Machines that burn Qubic need someone to hold it. When the network gets busy, fuel demand rises and burns accelerate. You're not waiting for a greater fool. You're waiting for a paying customer.

## How You Get Paid

1. Holding: as supply burns, your Qubic is a larger share of a shrinking pie.

2. Working: mining or running a Computor earns epoch rewards for securing the network.

## What's real, and what isn't yet

Real: roughly 77.5% of weekly emission is burned, on-chain since Epoch 227.

Not yet: that burn comes mostly from emission mechanics, not machine demand at scale. Scale is what we're waiting on.

## Why Patience

A machine economy takes time: models written, contracts deployed, Aigarth becoming useful. If it gets built, the buyer is the global AI compute budget, not a retail sucker. If it doesn't, the thesis fails. I'm holding for the first outcome.

Keep your keys safe.