As a regular user who has personally experienced Squid’s top-tier support twice, my faith in this project remains unshaken. I know the recent event was just an indirect hit, and seeing how the team handles things only proves you guys are the real ones. Squid is still my absolute go-to for all future cross-chain transactions. Let's keep building!
I believe zK proofs earn trust when verification beats explanation
I believe in Squid.
@squidrouter
As a regular user who has personally experienced Squid’s top-tier support twice, my faith in this project remains unshaken. I know the recent event was just an indirect hit, and seeing how the team handles things only proves you guys are the real ones. Squid is still my absolute go-to for all future cross-chain transactions. Let's keep building!
I believe zK proofs earn trust when verification beats explanation
I believe in Squid.
@squidrouter
Thank you for the response. I have finally received my token after 9 days of waiting.
Moving forward, I sincerely hope your team can improve communication within the community, especially on Discord. I am still unclear as to why my account was restricted and my messages deleted, simply because I shared my honest experience regarding the 'support' I received in the general channel.
In any case, based on this experience, I will make sure not to trouble your team ever again. Thank you, and have a good day !
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When ppl claim this I always wonder how they think it happens, or have unrealistic expectations on how much $1bn actually is.
I joined crypto with $200. If I held my initial bitcoin since then and never traded, I would have ~$300k.
If, instead, from that moment I sold the top and bought the bottom of every crypto cycle on Bitcoin, and never paid any taxes, I would have ~$6m USD.
If I put my entire net worth into the Ethereum ICO and never touched it, today I would have ~$150m pre-tax.
While it was definitely possible to have made >$1bn with the opportunities in the market, these versions of reality would also require me to make no mistakes, and have no need to spend $ in real life, or take excessive risk via leverage.
In reality, I grew up in a working class family. I didn’t have a trust fund and I had to pay off my student loan myself. I had a job at Tescos while at high school. After university, I needed to pay rent and fund cost of living and eventually buy a place to live.
I worked at startups for relatively little $ salary, and while a couple have done okay, they still are illiquid and worth nothing until some exit.
Perhaps if I erase a couple of dumb mistakes and drawdowns, or if I had a lil more grind, then my answer would be different today. But it is easy to say this with perfect hindsight vision. It’s easy to see where you could have optimised better, and decisions you made look dumb when the past makes things so obvious.
The truth is I have always optimised for enjoying my life and not going to 0. I never felt like I had a safety net, so it was never possible for me to do anything in any other way. I would probably have less money if I had tried to add more risk or chased $ harder, because being all-in with your entire livelihood is a mental battle and I feel I only win that battle when the stakes are lower.
In writing this, maybe I do understand why CT folks believe this, because modern CT sees crypto as a late-stage lottery ticket farm, where the optimal strategy is to 5x leverage up your portfolio in a hope of catching a good 20% move and then leaving. Or, literally going all-in on the next coin they heard Ansem is buying. So perhaps to them, looking back at the charts, of course that’s what successful folks did.
In reality, I use leverage close to never (and typically to reduce risk rather than add risk — have used it to add risk maybe 3 times in the last 5 years, and maybe 15 times ever). I never go all-in on anything, have only ever done that on BTC and ETH before in the last decade. When I buy other things, I limit risk to tiny amounts, because I treat it as a 0 until proven otherwise (so, always <1% liquid portfolio). Liquid portfolio is also a smaller % of overall portfolio to future-proof against my own fuckups.
Obviously I made a lot of money, I have been here 12 years! CT doesn’t want to hear about “getting rich in a decade” though. I am happy with where I am and have never really cared or optimised for maximising $ earnings, but instead having a nice life that lets me enjoy the game we play together.
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While we build out our broader physical satellite internet infra, you'll first be able to use Starmesh to browse the web with ultra privacy, and tap into decentralized services like data storage on @WalrusProtocol and DeFi on @Creditcoin