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Tom Lee jokingly said that the "bull run argument is very stupid": in the encryption field, being stupid is a good thing.
On October 6, in response to Andrew Kang's comment that "Tom Lee's bullish argument about ETH as a leading figure in this round of ETH long positions is very stupid," Tom Lee publicly replied at the Token 2049 forum, saying, "In the encryption field, being stupid (retarded) is a good thing, so I take it as a compliment." Prior to this, a lengthy rebuttal from a partner at Mechanism criticized Tom Lee, stating that his bullish argument for ETH is very "stupid," and it is the most serious example of financial illiteracy rhetoric in recent times.