3 ms·
Strongly disagree. Anybody in any crypto token other than Bitcoin at this point has low credibility. Every other chain and project is sacrificing decentralizat
by unboxingelf 4y ago
Strongly disagree.
Anybody in any crypto token other than Bitcoin at this point has low credibility. Every other chain and project is sacrificing decentralization for short term gain. They’re at best naive and at worst scammers.
- JumpCrisscross 4y agoBitcoin is dumb, but it’s honest about its dumbness. The dumb bits are largely forward looking. Web3 is dumb but also fraudulent, because it lies about what it is.
- unboxingelf 4y agoBitcoin is boring. It’s a decentralized ledger. It’s effectively the missing protocol for money on IP. Everything else is a security, by definition.
- tromp 4y agoEverything else is an altcoin, by definition. Some of which distribute their coins more fairly than bitcoin, and are thus definitely not securities.
- baby 4y agoYou should check Mina
- unboxingelf 4y agoDo you have a tldr? I see its stated technical goal of maintaining a small blockchain, but what’s it for? It has a token so is it meant to be money? Is it a web3 app chain? The fact that there was an initial presale makes it sound like a private company. Which is a lot different than Bitcoin so I’m not sure the comparison.