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In a way yes, you don't understand it completely, DeFi space is close to solving inflation, we're just really really early, yes, 99% of tokens will die, but tha
by adultorata 4y ago
In a way yes, you don't understand it completely, DeFi space is close to solving inflation, we're just really really early, yes, 99% of tokens will die, but that 1% that lives will be the building foundation of the future of smart money, novel winning economist Hayek proposed denationalisation of money and we are finally witnessing it, I do seriously think you don't understand it.
- Yizahi 4y agoWell, you didn't understand even my short comment, so there is that :) . Fundamentally all tokens have exact same issues, one of the which I have mentioned. That mythical 1% will also have them. Either it will be truly decentralised and be a surveillance dystopia, or it's authors will lie and it will be centralised. I don't pretend to understand world economic (unlike tokenbros claim so), but at least I understand enough to be horrified by the ultra centralised unaccountable and nonpunishable corporate dystopia which tokenbros promote. The fact that they claim their tokens help common people or help reduce inequality is even more infuriating.
- ETH_start 4y agoAre you familiar with https://tornado.cash https://tornado.cash? It negates your argument that decentralization/public-auditability inescapably enables a surveillance dystopia.
- Yizahi 4y agoOh, great, now to have same baseline semi-privacy as with money, I need to funnel my tokens through the money laundromat, and then get ALL my tokens tainted and account banned by all major exchanges, reducing me to even more fraudlent no-name exchanges forever. You have no clue not only about world economics, but even about how your tokens operate in reality. Great job. Have fun staying rich as your cult says ;)
- ETH_start 4y agoYou're moving the goalposts.