An admirer for Shiba Inus, known as @ShibBPP on the social networking site X (previously Twitter), has posted a screenshot of a message from the enigmatic Ryoshi, the founder of SHIB. A few years ago, the latter stepped away from the public sphere, leaving Shytoshi Kusama and the SHIB community in charge of SHIB.
In reference to the SHI stablecoin that the SHIB team had pledged to develop but had not yet completed and released, Ryoshi made this comment. The topic of discussion sparked by this message is whether the stablecoin’s name was “named correctly.”
Ryoshi’s cryptic ‘SHI’ message sparks discussion
The SHIB community is attempting to decipher Ryoshi’s intended meaning behind the somewhat cryptic remark of the SHIB founder in the tweet’s comment thread.
It is evident from this that “SHI is designed to overtake the global financial system, not to attract investors.” The confusing bit then starts when Ryoshi states, “Life cannot exist without death.” It has the right name.
https://x.com/Jolt_yourday/status/1751672551237972411?s=20
What had commenters and the tweet’s author thinking about this was the last statement, which discussed SHI and how it was given the “correct name.”
The adage “you cannot have life without death” is attributed to two well-known Eastern philosophers, Ryoshi and Shytoshi Kusama.
It was mentioned by one of the commenters that SHI is Japanese for “death.” That was corroborated by another user, who also mentioned that SHI may also mean “dead body.” Based on this, it seems likely that Ryoshi implied that SHI, SHIB, and other Shibarium tokens should take the place of the conventional world financial system, which is already dead.
However, several observers criticised Shytoshi Kusama and the other SHIB creators, saying that their only goal is to profit from SHIB.
Close to 500 billion SHIB on the move
Two enormous SHIB chunks of 307.88 billion and 182.24 billion Shiba Inu were transferred earlier today via anonymous digital wallets, according to Etherscan. The biggest cryptocurrency exchange in the US, Coinbase, received the first SHIB piece.
Unidentified wallet took the second one out of it. All things considered, this indicates that whales’ curiosity about SHIB is growing.
