NFTaban

Crypto-curious.

[NFTaban @NFTaban]

@CptChristophe @ZssBecker Specifically Norway found very large oil reserves and then nationalised the industry with all profits being reinvested into a national trust fund, this fund then pays for socialist policy. Norway is living off dividends while other countries run up credit card debts.

[NFTaban @NFTaban]

Currency is no longer 1 size fits all and the more the merrier. It is a free market where actors choose a currency based on its features and drawbacks. The market for currency has become decentralised, even if some of them straddle the line.

[NFTaban @NFTaban]

Thinking on the 'decentralisation spectrum'. On one end we have the virgin birth of Bitcoin, a chunky blockchain protocol with a politically motivated community dedicated to security & remaining decentralised over speed and product updates.
#crypto #decentralisation

[NFTaban @NFTaban]

So sure, a particular chain may or may not be 100% decentralised. In doing so it may be better so for large scale, compute-heavy applications like crypto gaming, but less stable stores of the long term value. Maybe it's a point solution, not a widely applicable coin. It'

[NFTaban @NFTaban]

Bonus / On a darker note, it’s a recognition that those opposed to crypto are powerful, don’t play fair and would like to quash this industry/movement. How can you stop that? Build better infrastructure to allow for a greater inflow of resources into the ‘good side’.

[NFTaban @NFTaban]

1/5 Why are we seeing the word 'build' inundate our feeds? I have been thinking about this and I think the answers are both unsurprising but intriguing. At first glance it's obvious. It says 'Don't sit on the sidelines, retail trading bull cycles and ogling at BAYC floor prices.’

[NFTaban @NFTaban]

5/5 A lack of arbitrary power means that a productive decentralised economy is not a zero-sum game. You win, I win. More is better.