You can rarely die the turn you cast it, and nothing else in the format keeps up with its card advantage
Lets talk about a few of the most impactful
Fish may activate different effects, making it harder for the players to reel them in
Burst mana (Dark Ritual) isnt generally considered mana ramp because its not reusable
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And Underworld Breach not exiling cards like Yawgmoths Will due to the cost of escape, and being an enchantment for who knows why, means any way to self-mill for three cards for zero mana at the cost of casting a spell is infinite