Comments
Transcript
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DTBla, Bla , bla. Nothing specific, but great promises
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TPI see the same problem with "DeFi" as I did with the original "DAO". Cut-n-pasted code, miles-wide attack surface, a bunch of money only chasing yield that is from a trapped token that depends on a coinswap/exchange to realize anything. You're better off holding Bitcoin and gaining direct appreciation, instead of worrying about counter-party risk from a bunch of DeFi projects with poorly vetted code. (Look up the YAM token debacle, among others.) Also, they're building on top of an unproven "base layer" of ETH. There is every indication that their desperate pivot to Proof-of-Stake will either be delayed (again), or just plain not work. That doesn't bode well for a token that basically siezed up because of a simple collectibles game. The willingness of people to throw money at something because it has a slick buzzword is beyond mind-boggling.
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DBWhat if, tomorrow, governments around the world declare all non-governmental cryptocurrencies illegal except the ones issue by central banks?
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pithat was a great overall discussion, these updates are important as this area is moving at lightning speed - its impossible to keep afloat on all the changes... ...i think Kevin really described the malleable nature of crypto and that it's constantly remaking its self in different and better ways, If ethereum gets too congested we just move on to a better version'. Aragon governance mentioned reminds me https://epicenter.tv/episodes/236/
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MoCan we have a show on the lightening network and what infrastructure is being built where a merchant can accept bitcoin as payment? Thanks.