Happy Birthday to my BOIII @ESCOweb3! The bloke that constantly raids the treasury, only ever asks the easy questions, only hosts spaces on green days & never has fun 🥶 thanks for the Energy you bring! 🔥❤️🔥🚀
@JCSSnacks@BoredApeYC i’m hoarding, i tried buying a 3 box pack but i didn’t have my ebay account set up and by the time i got it set up it was gone.
so bummed but yea, hopefully when more boxes are distributed the price retraces and i can buy more to stack. 🚀🚀
I’m always forced to make posts like this, because people can’t be real with themselves and this is exactly why symptoms are constantly address rather than the root cause. Maybe what is obvious to me is not so obvious to others or maybe it’s just denial.
The culture in cardano was never 100000% about competing in existing markets, instead it was about pioneering new markets. This has been the culture from the very top until the past 12 months.
example:
- Why integrate USDC at the beginning of the industry as every other chain did….. because we can build our own. It is fundamentally disingenuous to pretend any financial system can be established with out a stable value vehicle. duhhhh!
- Why integrate chainlink like everyone else does…. because we can build our own.
- Why work with VC’s? because we can build our own grant program while speaking negatively about VC’s for years.
- DeFi is not serious people stuff, supply chain and other niche markets are…. While selling “Banking the unbanked” < this is DeFi by the way!!!!
- Governance and decentralization are the focal points of our offerings are a chain…. because growth via interoperability and scalability are not? considering that blockchains live and die by the amount of users and adoption.
Don’t tell me it’s not a cultural thing. It absolutely has been ingrained from the top down the idealistic and altruistic ethos that has lead to all the short comings.
Identify the root cause, Business is objective, results driven! IT HAS UNDENIABLY BEEN A CULTURAL ISSUE!!!
Don't portray this as a cultural thing; Cardano projects are genuinely trying, but the issue is fundamental. As I said before, none of the Cardano projects can solve the fundamental problems that keep DeFi on Cardano unattractive (read: heavily uncompetitive). That's why I see this as nothing special, just another proxy setup to redistribute treasury funds to Cardano projects while the fundamental problems stay the same: a way-too-slow, expensive network; no widely adopted, CEX-listed, easy on- and off-ramping (via popular, proven service providers) of stablecoins whatsoever. Not to mention nothing on the TradFi side (fast, cheap, and easy interoperability) yet. Fireblocks announced support long ago, but many other infrastructural MPC wallet providers, like Copper or Chainup, should do the same, and I don't see it happening anytime soon. I'm saying this only to help and point fingers at what's important. Not to criticize. That's why my prayers go towards Leios, but let's wait and see.