Changing SOL to ETH was my worst decision in 2021
On November 22, Su Zhu, founder of Three Arrows Capital, said on Twitter that switching from SOL to ETH was the worst decision he made in 2021. Su Zhu said that Samani, founder of Multicoin Capital, had advised him to invest in Solana, and Zhu did not take the advice in time, believing ethereum would expand, and only later bought SOL through an over-the-counter transaction. After earning a 20-fold profit, Su Zhu converted SOL for ETH, which he considers the worst decision he made in 2021.
Earlier, Multicoin Capital founder Samani and Placeholder partner Chris Burniske debated the decentralization of Ethereum and Solana. Samani said, Ethereum and Bitcoin themselves are highly centralized. Ethereum's whales aren't transparent, whereas Solana is more decentralized. Meanwhile, Samani said that SBF, the founder of Alameda Research, should not be referred to as a Solana insider, and SBF was not aware of Solana's existence until it began to circulate and trade in the market. Su Zhu agrees.