How messed up is Cosmos? Even the co-founder is shorting their own ecosystem. Cosmos co-founder, who is also the CEO of @cyclesmoney, @buchmanster, has decided to migrate Cycles to @arc, an L1 chain incubated by stablecoin USDC issuer Circle. Arc's underlying tech architecture is based on the Cosmos tech stack, and now the project started by the Cosmos co-founder is jumping to Arc for clout. This is just too ironic.