@sassal0x Love the Daily Gwei and All In Pod 🎧. Disagree with your statement though. Those 3 have valuable insights despite biases, just as you have with Ethereum. #OpinionsMatter
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Crypto and blockchain are still in their early stages, but the potential for change is huge. Excited to see what the future holds! #cryptocurrency#blockchain
FTX is dead.
The deal with Binance is dead.
Billions of dollars - dead.
Some thoughts on the FTX debacle and where things are going from here...
But first, why should you listen to me? 🧵👇
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And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
Nobody will remember:
- Your salary
- Your fancy title
- How ‘busy’ you were
- How stressed you were
- How many hours you worked
People will remember:
- That day that you told them to buy crypto and the market tanked 70%
@lurkaroundfind@FatManTerra Point is these clever products and teams will eventually move onto other chains and terra will be forgotten. Terra's reputation is unfixable and it offers no advantages over other layer 1's.
@alphaDefi_ I think the whole terra fiasco showed us that the only scalable and battle tested stable coins are USDC and USDT. All the other stables have their weaknesses.
@AvgJoesCrypto@1amsupersammie If this is the case then 90% of all the projects listed in FTX should be removed. This is not how exchanges function they list when there is demand for a project.
💡 An Idea on Decentralised Stablecoins
Might be viable, might not be.
$USDT and $USDC currently occupy 75% ($132bn/$174bn) of the Stablecoin MC.
Most people are aware of their innate risk due to fiat and bond backing, being centralised and the risks that comes with that.
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