The dude trying to trash Bitcoin doesn't understand something that negates his entire argument about an asset being "backed." Being backed simply means it can be expected to be exchanged for something of value, and is only a statement of trust in a contractual agreement. His implicit assumptions are that a centralized system is needed to enforce or enable or carry out the "backing," or exchange. When the gold standard was in place, you could expect to exchange US dollars directly for gold specie. But what if you went to do this, and it got refused? Like when Charles de Gaulle announced his intention to exchange France's U.S. dollar reserves for gold on February 4, 1965. That contract was broken. So where was the "backing?" Oh that's right, in his mind, as a belief, merely trust that the rules of the contract would be upheld.
@NathanpartPrice@neofutur@saylor [So, without you misdirecting with a logical fallacy that's unrelated, I'll stay back on topic.]
Why does Coinbase only offer $STRCx and *NOT* $STRC?
(Is it likely because they don't want to lose $50/yr paying subscribers who only currently get 3.5%...while STRC pays 11.5%?)
@NathanpartPrice@neofutur@saylor Yep, NYSE adopting tokenization has been slowly happening for months. The majority of retail hasn't been paying attention with a lot of the naysayers of AI and blockchain tech completely unaware that some of their favorite apps are already using such tech right under their noses.
@NathanpartPrice@neofutur@saylor Tokenized $STRCx isn't the same as $STRC because it carries on-chain smart contract exploit risk that STRC doesn't have.
@NathanpartPrice@neofutur@saylor Sorry but are you living under a rock? Coinbase added stocks a short while back, but they're cherrypicking with selective assets instead of offering the entire market.
Exchanges don't want to lose their Pro users who pay a subscription fee to only get ~4% lol...
@tundratex@YahooFinance Speak for yourself, clearly you haven't yet seen all the people who are bullish on @aptera_motors.
Closed minds don't innovate.
@nursedanakay First of all, it's required by law to stop at crosswalks, so this should be considered business as usual.
Secondly, I wonder how many pedestrians intentionally try to cross in front of Teslas instead of other vehicles because they know they will stop appropriately? haha