"We’ve gotten too money hungry and disassociated from our true cause - democratizing finance for all."
My man summed it all up in one sentence. We've gone from trying to escape the system to talking about having mandatory KYC for blockchain addresses. Sad.
Reading Sami's article, I understood that bullishness lies on open-circuit applications that aspires to make themselves a protocol that create value to other applications, not otherwise. I don't know if I get it wrong, although.
I like your efforts of drawing an orderly roadmap on the Cambrian explosion that is crypto. This map is further along in it's development via the Cosmos ecosystem where the layer one protocol is creating baseplates as part of its initial design architecture - Osmosis, Terra Luna, Cronos (Crypto.com), et al.. Also, I still don't trust USDT. USDC is reliant on continued positive dispensation from the Crown (not sure if that's really the Fed or the Mandarins running dot.gov). Given the Canada crypto freeze trial balloon, UST or FRAX might be a safer play but be sure to have a VPN handy if you live in the USA (I use the free one in Opera) as I have already been booted from protocols because of my IP address being in the "wrong" location. Americans are already being locked out from full Defi participation and keeping the same company as North Korea, China and Iran ... poetic justice to be in the same club.
Beautiful piece of writing.
hey mate, in the article you claim:
"protocols have focused far too much on value creation over value capture"
I think you meant it in reverse.
ponzi protocol， best protocol
"We’ve gotten too money hungry and disassociated from our true cause - democratizing finance for all."
My man summed it all up in one sentence. We've gone from trying to escape the system to talking about having mandatory KYC for blockchain addresses. Sad.
Reading Sami's article, I understood that bullishness lies on open-circuit applications that aspires to make themselves a protocol that create value to other applications, not otherwise. I don't know if I get it wrong, although.
Love the ponzenomics !
I like your efforts of drawing an orderly roadmap on the Cambrian explosion that is crypto. This map is further along in it's development via the Cosmos ecosystem where the layer one protocol is creating baseplates as part of its initial design architecture - Osmosis, Terra Luna, Cronos (Crypto.com), et al.. Also, I still don't trust USDT. USDC is reliant on continued positive dispensation from the Crown (not sure if that's really the Fed or the Mandarins running dot.gov). Given the Canada crypto freeze trial balloon, UST or FRAX might be a safer play but be sure to have a VPN handy if you live in the USA (I use the free one in Opera) as I have already been booted from protocols because of my IP address being in the "wrong" location. Americans are already being locked out from full Defi participation and keeping the same company as North Korea, China and Iran ... poetic justice to be in the same club.