"Let's pretend the top five social networks charged a similar amount. If they all had take rates of 10 percent (reasonable to estimate they charge 99%), their share of the $150 billion in annual revenue would drop from $130 billion to $15 billion.....That extra $115 billion of redirected revenue could fund almost two million jobs"
-@cdixon
While $BTC is at ATHs, let's not forget what we all should be here for.
The power of blockchain technology and how many lives this new era of internet can truly change.
@Godcandler@mert@BoredElonMusk@brian_armstrong brother melting gold is not illegal at all lmao
what do you think jewelers do with their gold jewelry all the time
smh mfs be really saying shit just to say shit
The stock market is giving a warning that BTC is about to rally. Pure Vol ( Beta) vs Pure Profitability (Quality) fell hard as BTC fell from 115 to 80. Now Beta vs quality has ripped back to highs in 10 of last 11 days while BTC is trying to gain its footing. Pure Vol vs Qual correlated to PMIs over time. Higher BTC to come.
post lighter TGE, hyperliquid vs lighter is gonna be the equivalent of twitch (hyperliquid) vs kick (lighter)
Hyperliquid has:
- deeper liquidity
- more users
- stronger connections
- real network effects
Itโs the default place to trade size.
Just like Twitch is the default place to stream.
Lighter has:
- zero fees
- flashy incentives
- new retail onboarding
- VC's (Kick's equivalent of sketchy connections)
Zero fees wonโt dethrone liquidity.
In streaming or in trading.
Network effects > incentives.
think both perform immensely well over a longer time period but hyperliquid most likely stays on top
(aster is rumble lmao)
@andyyy yeah except hyperliquid is the only perp dex that's actually being built on, nobody is building on any of these chains other than hype
other perps can have moments of higher volume but hyperliquid has the highest network value and it's not even close
@karbonbased don't see why people think this is a bad thing lmao, he's effectively preventing Strategy from ever collapsing and giving a big public announcement to all market makers and anybody trying to hunt his liquidation that it's never gonna happen