@Shamburgularara The teams that can raise >$100m with no product do so because they convince investors they have the deep technical knowledge to build things few others can.
@lawmaster Maybe by discouraging everyday use for privacy, the remaining withdrawals become easier to pin down as money laundering?
Tracking money exiting a mixer is a probability game.
@boredGenius Options are just leverage, crypto is already 5x more volatile than traditional finance (similar to TSLA at the peak of WSB) even without options.
@DrNickA Looked into it a while back because was curious also.
PiCoin lets non-technical people "mine" coins by pressing a button each day. Assume KYC is to prevent someone from claiming rewards via 10 separate accounts. Not that it isn't necessarily a scam though.
@AnthonyLeeZhang@arpitrage@wdiamond_econ Would love for the global warming comparison to be true, but COVID happened overnight and global warming is boiling a frog. Maybe the threat has to be urgent.
@divine_economy What's missing - governance or the right to future cash/crypto flows? Latter is difficult because most projects don't have real revenue (yet).
@ivangbi_ TLDR rather than unlocking supply on a fixed schedule, unlock it when market is going up.
It will hurt the price less since you unlock when there's demand, rather than possibly into a falling market.