The entire trend of human history is centralization. We should be wary of painting it as a panacea and be mindful of use cases where crypto is working more efficiently. The USP of crypto is reduction of counter-party risk and that is bullish for a world with ever-decreasing levels of trust (vertically and laterally).
"Conclusion for Newbies: If you own any “crypto currency” check to see if it is centralized and how it is run. If you acquire Wrapped ETH or Wrapped BTC and are worried about potentially losing it, you should immediately go to standard BTC/ETH. This reduces your risk."
Woa damn never knew risk like these existed. Thanks Bull!
15% - 2 months poorer anon. http://www.shadowstats.com/alternate_data/inflation-charts.
Please make yourself a favor and read this breakdown of the mother of rug pulls: http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement
Ser, I think you meant USDT lock up, not UST.
UST is a ‘decentralized’ alto stablecoin of the Terra ecosystem.
Sounds like you know more about the latest COVID outbreak than most public health people.
The entire trend of human history is centralization. We should be wary of painting it as a panacea and be mindful of use cases where crypto is working more efficiently. The USP of crypto is reduction of counter-party risk and that is bullish for a world with ever-decreasing levels of trust (vertically and laterally).
Anyone technical able to give a breakdown of how USDT just gets “locked up”? I thought it was on Efferium which is mostly decentralized?
"Conclusion for Newbies: If you own any “crypto currency” check to see if it is centralized and how it is run. If you acquire Wrapped ETH or Wrapped BTC and are worried about potentially losing it, you should immediately go to standard BTC/ETH. This reduces your risk."
Woa damn never knew risk like these existed. Thanks Bull!