Was hoping for something enlightening here actually related to crypto, and found a very generic analysis of US debt. What actually matters is the deficit, and we will have to see if the US ever gets back to net positive.
When the first article on the site you see is titled “Plot Against Simonyan and Sobchak’s Life Confirms ‘Terrorist Essence of Zelensky Regime’” and the other sources referenced have sputnik in the title, you really need to consider the biases of the source you’re reading. Is it generic Russian disinformation? You decide.
I own more crypto than any other currency, that does not mean we should embrace every article which paints the dollar as facing imminent doom.
“XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract.” - Judge Torres
as for specific projects, LTC, BTC, XMR are all interesting because they hit various combinations of the above, with LTC being the most interesting to me.
I am looking for a fiat replacement, not an “investment”. I need that replacement to be simple, reliable and absolutely solid.
You are correct on the initial model, and I wasn’t really clear.
I think there’s been a proliferation of the ledger beyond what the original design spec accounted for (exchanges) and it’s going to require an amount of horsepower to move currency at an escalating level, while also scalping more on the moves of that currency.
It’s easy to imagine a universe it’s the large holders financing the machines to avoid total collapse and propping up the ledger. What’s not is how parity comes to pass.
I rather say “Monero” even if I dislike this coin and the community for various reasons. I need to agree that the Monero role in the wide crypto landscape is quite unique at least for now.
There are more idealistic people in the community that technical. It is hard to discus technical blockchain things: consensus, state, contracts, zkp and how those could be useful for the further improvements of the protocol and the ecosystem. The development is slow as the result with a lack of community vision about the future of the protocol. The situation is slowly changes as the coin gains more popularity.
The bigger part of the fediverse doesn’t like anything related to crypto and especially NFT and web3. As a social network and a subculture the fediverse will have some effect on adoption of these ideas but the result is unclear.
I’d say that crypto and fediverse have a little intersection and mostly exist in the different echo-chambers as for now.
These two approaches, decentralized online social interaction and decentralized online exchange of value, do seem to have some of the same characteristics. I don’t imagine that they will have an appreciable and direct impact on one another unless they directly combine in one or more ways. I.e. the ethos is the same but the execution and, in many ways, the motivations are different.
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