Oddbean new post about login | logout My favourite question from the NEARcon crypto conference this week. Audience question: “Why do the blockchains always have tokens? Can you do it without a token?” Speaker: “They don’t have to have tokens but it’s in my interest that there’s a token”. Naturally I’ve been spamming bitcoin 😃 https://nostrcheck.me/media/public/nostrcheck.me_7898221734952912031699600822.webp
https://image.nostr.build/3084be83c1837b65f3c91a79328a48a9d504b4a6e636df59516c206dad94c432.jpg the thing the shitcoin scammer didn't say: we are burning all your resources paying absurd management, marketing and developer wages to produce our hypothetical product, and we must have luxury. nostr:nevent1qqsruamz7y6m30r2enuj3t5kg9gyp3r35r20mn60keeuzdg67ygq0esppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgdwaehxw309a38yc3wd9hj7qg6waehxw309ahx7um5wgh85etzv4jx2efwvdkx7aty9uq3samnwvaz7tmjv4kxz7fwvd6hyun9de6zuenedyhszythwden5te0dehhxarj9emkjmn99uq3vamnwvaz7tm9v3jkutnwdaehgu3wd3skuep0qyvhwumn8ghj7un9d3shjtnndehhyapwwdhkx6tpdshszyrhwden5te0vyhxummn9ekx7mp0qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep009vuym
Thats so messed up! There is only one Bitcoin!! If people just realised that USD is a shitcoin and btc is the real 'game'. I'm a bit like a bee at the moment. https://i.nostr.build/3nlZ.jpg
Would’ve been nicer if he’d been even more honest and said: “because registering a security is way too much hassle, plus this way I don’t need to wait to be bought out by Google, I can just dump my bags when the time is right.”
Wow, so openly admitting it, but also not even smart enough to realise that they DO need a token because how else do you incentivise honest actors (fees) to create verify, and uphold the integrity of blocks?!
