Here’s some math. I billion usd market cap is more than enough $ for gas for the entire world economy running through overledger (it’s v cheap you know). So even when every bank in the world uses the quant network the price of the QNT token will stay completely flat because the market has already estimated that approx 1B mcap is way more than sufficient for millions of tiny micro transactions involving QNT token to move the worlds money around on chain. How does that math idea strike you?
@milesdeutscher You forgot to mention decentralised ai - like TAO. When everyone is competing for access to ai which no one else can block - guess what happens to the value of frontier level ai running on a system which no one can block? (It goes up)
You are obviously a quant marketing bot. As I said in my other 2 replies to your avalanche of posts. It is up to Quant now to show network usage and explain how this translates into a price increase (or decrease) for the QNT token. Holders have been holding for years. Marketing posts like this on x are pointless. Only real proven adoption and disclosure of how this will affect QNT token price going forwards is of any interest. So for now - price stays flat.
It’s all sounds good. In practice QNT holders are waiting for Luke to come back on Telegram and explain when there will be a dashboard available to observe any real usage of the network (just launched) and when (if?) QNT holders will be able to stake their QNT. Or, more importantly- why QNT holders might want to stake. (What purpose does staking serve and what is the reward mechanism?) But that would involve providing public information about the QNT token which Quant have so far refused to do
The problem is no one knows (publicly) how much institutional participation is required to move the token price 2x / 10x / 100x. This is probably deliberate on Quants part as they have famously disowned the existence of the token for many of the past turbulent years involving SEC scrutiny. But even with the SEC threat tamed Quant are very coy about any correlation between institutional utility and the price of their utility token. A pessimistic view could very reasonably say that a 1 billion market cap of QNT (current price at under 100 usd) is way more than needed as a gas token sunk for the institutional involvement over the next 5 years. Or - in other words token price stays flat or goes down.
I didn’t read Vance’s post - maybe scanned it for 2 secs. I did read a couple of takedowns of it. That’s all I need. Your analysis is completely right imo. Vance mis-fired on this issue. I also scanned your bio for 2 seconds. Lots of tech intel plus some politics. Smart - I will follow you.
@IceXTruths This is a very important post and a good argument for decentralised ai to avoid the problem of such immense power concentrated in only a few human hands. Do you know of any decentralised ai projects that might be useful? I’m sure others will suggest a few.
It’s an interesting concept that the Tories have colluded and manufactured Restore with Rupert Lowe to push the Overton Window further to the right to prevent Reform from gaining power. That is what you are claiming is happening isn’t it? - or if I have misunderstood pls clarify. No hostility - genuinely interested.
@MrHreviews What is a ‘faux nationalist cul-de-sac containment’ please? I genuinely want to understand what you are trying to say in your post. I think it might be important but it is not clear what you mean.
@tailopez Hmm … in your list you left out the biggest wealth transfer mechanism in the history of mankind. Do you know what it is? (Maybe worth reading up on it if you are interested in getting rich)
@DeborahMeaden I don’t understand the connection. Pls explain because I am stupid. Are you saying that to drill for oil and gas the uk would need to import an immigrant workforce? Genuine question. Pls explain your post
You have posted recently that all everyone has to do is find a few subnets and get rich. Now ur saying many subnets are shit-scammers. Getting tired of your posts now. Maybe YOU need a culling. Didn’t you say you were giving this shit up a while back? Pls give it up asap. You are done making a living on advising others. Concentrate on your own investments and pls pls keep quiet about them.
An ‘impossible choice’ is choosing which child murder under forced conditions - eg the US film ‘Sophie’s Choice’ where nazis force the mother to choose which child will be killed. The ‘impossible choice’ put forward by the bbc is whether to sell your 9yr old daughter into sexual slavery to get more food. The bbc really needs to get on top of what will quickly escalate into a PR disaster here.
Read the community note you halfwit. People who are unable to call out child rape as a bad thing (for ideological reasons) really are the stupidest. (That’s you - just to make it 100% clear) BBC frames Afghan fathers selling daughters as sympathetic. All profiled cases involve girls (e.g. 5-year-old). Selling daughters for marriage is a longstanding cultural practice in parts of Afghanistan. BBC focuses on fathers' distress over outcomes for the girls (rape).
https://t.co/FJviQ8NSNu
The bbc are reporting on the ‘horrendous humanitarian crisis’ as if it were a simple poverty / starvation dilemma. But the new dimension here is fathers selling their own babies into sex slavery to alleviate poverty. Surely see a difference between these 2 things? Or does being hungry mean it’s ok to sell your baby for sex in your opinion ? (What I call ‘babies’ are 9yr old girls).
@JohnBal1946@JuliaHB1@BBCWorld Please enlighten us John. What is the ‘plight’ that encourages a man to sell his tiny daughter to a pedophile to be raped for the rest of her life? Please explain it to us. You are obviously so much cleverer than the other people commenting on this issue