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    Decent debate about the utilitylessness of most cryptos

    To use it in the optimal way, which is the only correct way to do it IMO, is just too technical for the average crypto user. The masses do not care anyway, and most of the ones that do, will not educate themselves to that degree. You don't have to take my word for it, just look at what the...
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    The Wormhole Network hacked for over 300 million USD

    I forget the exact situation, but basically Monero is not 100% reliable as they community makes it out to be. In the case of $300 mil hack, it's not going to stop the trail. Smaller amounts that does not have all the blockchain watchers all over it are fine. Hacker may or may not have gotten...
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    The Wormhole Network hacked for over 300 million USD

    There are smart contract audit firms already. Only the top 2-3 are actually worth a damn. They take no liability in the end, just their reputation at stake. Most participants are clueless anyway about the quality of audits. There are insurance protocols out there already, Nexus Mutual being...
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    The Wormhole Network hacked for over 300 million USD

    Easier said than done. Mixers get alerted and monitored, none of them can provide 100% privacy & anonymity. Everything has a trail, especially in the digital world. Monero's privacy & anonymity has been cracked before, it's just a question of cost/benefit. $300 mil moving through crypto is...
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    Everything You Need To Know About The 2022 Crypto Crash

    All bubbles in recent history (last 50 years) were not real money, nor even close. This is just a repeat of the same and evolution of the current financial system.
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    Everything You Need To Know About The 2022 Crypto Crash

    The whitepaper itself literally states that the intended purpose of BTC was a near frictionless payment mechanism not price appreciation. BTC Maxis just ignore that, cause 'Number Go Up" That said, I personally believe Satoshi is a fake persona anyway and BTC was a deep state project from day...
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    Crypto Macro Trends for 2022

    If you read my posts, I clearly state that institutions will take the bait, and in February. But it's not a guarantee. The whole crypto market was convinced that BTC would be at 100k by end of last year and yet.... Even some BTC haters were surprised where it ended up. So noone really knows...
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    Poseidon rug-pulls 500K from fans.

    Anyone who invests in whatever a social media influencer is pitching or creating deserves to lose their money. This has been a recurring pattern for years, clearly exposed over & over and the people still keep piling in. It's like being mad at the snake for being a snake when you get bit as you...
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    Decent debate about the utilitylessness of most cryptos

    Which shows that the ETH version of BTC is better than the original BTC itself. What's the value prop of the BTC network then?
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    Decent debate about the utilitylessness of most cryptos

    Yes but the optimal returns are in crypto. By leaps and bounds. Don't have to like it but you should acknowledge that.
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    Decent debate about the utilitylessness of most cryptos

    Not true, ETH made the real evolution. It's not just capture of your capital anymore, it's also significant time and attention at the computer/phone screen. There is jack shit to do on the BTC network. There is more to do on ETH and EVM compatibles than you can handle in your lifetime.
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    Decent debate about the utilitylessness of most cryptos

    1) It's a "decentralized" distributed ledger, nothing more. It's essentially an evolution of "shadow banking" aka eurodollar system, but now accessible to anyone willing. Code & internet eliminating the centralized middlemen in this structure is MAJOR value. 2) If you are talking about BTC...
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    Decent debate about the utilitylessness of most cryptos

    Maybe 10% of the population has the ability, patience & willingness to use Monero properly. It's highly technical
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    Crypto Macro Trends for 2022

    You are making an assumption that any of these survive the bear market. Cosmos/ATOM probably has the best shot out of those.
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    Crypto Macro Trends for 2022

    I don't have a negative opinion on Fantom, I just know that ride is near the end for the intermediate term and big bags are itching to take their profits, and some already have. That's how DeFi goes, capital does not sit still and constantly looks for the next 100x opportunity & high yields...
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    White House to Release Crypto-Related Executive Order

    What are they really gonna do aside from devise schemes to get a riskless piece of the action under the guise of "regulation to protect investors"? If they really want to ban it, it can be done within a day by shutting down the on/off ramps. But JP Morgan would have smth to say about that.
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    Decent debate about the utilitylessness of most cryptos

    Well yeah. That's what the market & the people want. Ponzinomics games to try to get rich. How is it different from the equity markets, where blatant frauds like Nikola & WeWork still continue to be traded and somehow valued with some idiotic rationalization? Are there projects in crypto that...
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    Crypto Macro Trends for 2022

    All these chain analytics have been failing over last 3-6 months. Stock to flow model is done for. Everyday some BTC maxi makes a YT video and/or tweet with some new chain analysis showing that this is like the ultimate BTC bottom and has not happened for years. Does not matter. All that...
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    Crypto Macro Trends for 2022

    I'm itching to get out of Fantom on next pump. Where is that Coinbase listing? So overdue. Whoever has been getting into Fantom last two months is set up for bagholder status & exit liquidity.
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    Crypto Airdrops

    If you somehow stuck with Synthetix (SNX), migrated & staked on Optimism, at least two airdrops have happened and are probably still claimable. LYRA (https://www.lyra.finance/) AELIN (https://aelin.xyz/)
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