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LeafGuild
searching PlanetScale…
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1.
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LeafGuild
4y ago
Well if I'm the one who's uninformed, you're not telling me anything I don't already know. Yes, I know you can see the transactions they made in that particular token on-chain. You have to get the information about who o
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LeafGuild
4y ago
>Wow you are uninformed. Avoid this style of comment, please. >Miners don't maintain a price any more than a whale maintains a price. Yes, my point is both of them have a means and incentive to manipulate the price in ways that m
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LeafGuild
4y ago
>Is someone paying you to say this? Did you lose a bunch of money? No and no. Avoid asking these questions please, they're fallacious and kind of rude. I just see fraud and I call it out. I'm sick of seeing these crypto-Enrons
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by
LeafGuild
4y ago
If I'm trying to arrange a trade on the exchange so I can get a pizza for my dogecoins, because the pizza guy says he only wants BCH and not dogecoins, and I would rather not pay double transaction fees just to buy a pizza, how do I kn
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LeafGuild
4y ago
Well I'm not a politician or lawmaker and I have no problem blaming blockchain for this. I'm technically a "business person" because I have a job, but technically all crypto people who intend to use it to make money are
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LeafGuild
4y ago
That's a marketing line, it's not true. Nobody actually has any custody of anything in crypto. The value of the tokens is completely and totally dependent on a consensus of crypto miners doing their job within the parameters of th
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LeafGuild
4y ago
No blockchain can ever guarantee there's any visibility or accountability. Defi means are only useful to trade cryptos for other cryptos, and you only have visibility if no one launders the money through crypto mixers. Once you want to
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LeafGuild
4y ago
>If you are the only person in the world with the private key to your coins, you are the only person who can move them. Period. This is completely and utterly irrelevant and has not stopped anyone from performing massive fraud. Just look
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LeafGuild
4y ago
>but that kind of thing is hard to avoid in any system. No it isn't, that's what limit orders are for. There's still the exact same counterparty risk there anyway, in the form of USDC. Circle is another big dodgy centraliz
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LeafGuild
4y ago
It is absolutely a blockchain failure. Blockchains are intentionally designed to facilitate this. They have no possible way to stop this kind of fraud. Even if you built an elaborate set of smart contracts that could audit participants, the
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LeafGuild
4y ago
>Just because some stuff in crypto doesn't have regulations doesn't mean it is a free-for-all. It pretty much does. The free-for-all disregarding of laws (including laws against fraud) is the stated purpose of crypto. They'
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LeafGuild
4y ago
Are you actually comparing a billionaire CEO who's very obviously trying to use Twitter to pump and dump his investment, to a writer selling a book at a normal price for books? I'm not selling any books, and I'll tell you tha
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LeafGuild
4y ago
ENS doesn't hit those points. It doesn't fulfill any need that isn't served by DNS, and it still depends on other centralized services for it to actually be useful: https://web3isgoinggreat.com/?id=ethlink-ser