I read a post by @blknoiz06 about how buybacks don't really work, and I think he is correct. They don't. It "worked" for Hyper Liquid(HL) mostly because Jeff and team are very competent and trustworthy, and had many times they could of rugged way more, and didn't. I think he is correct in iden
@123skely·Jul 16, 2026·2 sources·neutral
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A user agrees with @blknoiz06 that buybacks are ineffective, attributing Hyper Liquid's success to team trust rather than the mechanism.
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I read a post by @blknoiz06 about how buybacks don't really work, and I think he is correct. They don't. It "worked" for Hyper Liquid(HL) mostly because Jeff and team are very competent and trustworthy, and had many times they could of rugged way more, and didn't. I think he is correct in iden
@123skely
Jul 16, 2026
went deeper on this on Market Bubble today the buyback isn't what pumps the token. the TRUST is https://x.com/blknoiz06/status/2077773554033037509
@blknoiz06
Jul 16, 2026