Nice ironic usage of the word "fundamentally".
A hammer often gets used on nails, so fundamentally, a hammer is a nail.
Top notch logic really.
The stats you show are bullish. People see what they want to see. Half of the whales on the platform are inactive and not milking rewards? None of these metrics are really that useful in determining where the platform is going. Go ahead and give your history lesson, all that matters is if we are becoming more centralized or more decentralized. It's obvious we are becoming more decentralized. The rest is noise.
Oh cool story bro, you've been here since the beginning so you know what you're talking about. This place is doomed. But, you know you're not the captain, right? You don't have to go down with the ship. Why are you here? Actions speak louder than words. Still here? Bullish. Noise is noise. Your cynicism has been noted in my log.