@Vivek4real_ sure strip humanity of purpose and everyone will be happy. Sounds dystopian not utopian. If no one has a focus then everyone will just get along even less than now. All smoke and mirrors. This is basically a form of socialism and we know how that ends.
Perps i will give it credit do have use cases for hedging and yield plays but overall, massive incentive to long or short with leverage and manipulate spot on illiquid or small liquidity compared to tradfi. Only takes a small amount to move markets and clear punishment and investigations into manipulation are necessary.
@brian_armstrong Perps are just straight up gambling and not good for the industry. Actual futures that settle are good. Perps just feeds the manipulation and extraction machine. But if your position is exercisable you lose a bit of manipulation value since the bill will come due.
@EddyXBT go work at mcdonalds and pay back your debts. 55k isn't that much you can do it. Man we live in an age where you can acquire skills cheaply do that. Be a tradesmen be a laborer just go work don't bitch about it. Don't borrow to gamble. You can learn AI skills or trades
@_Conan0x@CadeONeill@rei_labs What he said. REI is a not hyped marketed research and AI project made by a small team. I like the token the team is shipping a real product and it hasn't gone viral. Asymmetrical play if I ever seen one
@yyzhtin31627 S needs to not be mintable. The team needs to graduate highschool and unblock everyone from X and show that they can be mature adults and professional. And then be up front and transparent
@VaibhavSisinty Only issue with this is the more satellites the less likely we can find suitable launch windows to exit and more likely for Kessler syndrome to happen
@blknoiz06@pxblocito Bunch of insider pushes shilling to a bunch of exit liquidity with dreams of making enough to feed their family for the few to rug them
The main issue though is tech adoption does not equal positive pa for token. The l1 subnets do not need avax to transact and do not create fees by design. They have their own gas token. It's the same thesis with eth. The price isn't tied to adoption it's disjointed and the chain can succeed without price appreciation