Viewing profile — defiamazing

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Agreed. Check out /r/keto and /r/zerocarb for some great research about the natural human diet. Humans have eaten beef (exclusively even) for billions of years.

I don’t get why they don’t just use Bitcoin or Ethereum.

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Let me know if you want to hang out sometime

Idk what to tell you. Profit model that can’t work without a speculative DeFi bubble, which will die eventually because it’s not useful. AML is good and there’s a lot of history th…

AML is good, no I don’t. My turn to ask the questions. Is there literally any scenario where you'd accept that maybe crypto isn't actually useful and maybe it is just a big scam? T…

If your application is evading AML then your scale will always be limited. I don’t know how you could possibly feel like that’s a serious pitch. Sounds like, “We’ll just evade the …

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The difference is that the US would not do that in response to a speculative dump. With ETH, the system stops working and everything breaks without a HF. So it’s valuable because i…

No one would use it because people don't actually want to send money internationally badly enough to create a profit opportunity. They want to interact with DeFi protocols, that's …

Basically you're arguing for chartalism, it has value because validators say it's the only thing they'll accept. That can change at any time, it's not the same as a company's stock…

Having an economic model doesn't make it not a memecoin. LINK has an economic model and most would agree that there's no reason for it to exist other than to dump on retail. The bu…

Yes, because Circle will either start using whitelists at which point it will shrink to the point where competition is trivial or it'll just shut down completely. If for some reaso…

Because there's not enough demand to justify the regulatory headache for most types of international payments, unless you have the added benefit of interacting with DeFi protocols …

That's because it has regulatory approval (for now). It's not because of a blockchain. You can start the thought experiment by asking why USDC is on Ethereum and other popular chai…

The blockchain's security depends on native token value and the native token is a memecoin with no backing and if there's a speculative dump then the network has no security, so no…

There is absolutely no reason for USDC to be on a blockchain other than to interact with DeFi. Once DeFi hype dies USDC will be outcompeted by a centralized solution. It's multisig…