Today I learnt that folks actually believe the DCF the dumpooor meme and its starting to prevent projects from letting me invest
So I just want to outline a bunch of shit to prove it's not true and just a meme from those close to me
I try to be as transparent as possible:
Anybody who thinks this drivel is a source of concern right now for btc is missing how much changes in 3 years
Extrapolating current market to what happens 10 years from now is beyond ridiculous
Btc mining is profitable till btc falls below 10k usd
9 out of 10 people holding #bitcoin still have NO IDEA that $btc security is continuously weakening.
"Yea I heard that the block reward is getting smaller, but fees are replacing it, right?"
No, not right!
Some updated data on btc security:
I'm not sure most of CT believes in BTC anymore.
That seems very pre-defi.
There's currently a race to every alt-L1 with lower fees, regardless of decentralization, that allows users to play, mint, trade, lend and invest.
I think one large problem with CT is most of us believe in $BTC and it doesn't allow many to be objective at the times it's most crucial. Like the last two months. The other is that many larp as intellectuals but can't grasp basic fundamentals of economics
ve(3,3) could change DeFi forever.
@andrecronje, @danielesesta, and @FantomFDN have banded together to create a new, secretive, and highly anticipated project.
Here's a thread of everything we know (and some speculation) on the protocol:
Also, how to play the trade: 🧵👇
PSA: The next Ethereum fork, named Bellatrix, will merge the current chain with the new PoS beacon chain. This fork will NOT enable withdrawals from the beacon chain, expect staked Ether withdraws to be enabled about six months after the merge.