Average seller on Bittrex is trying to sell their Decred for: $91 in the USDT market and .01485 in the BTC market, around 30%-40% different from current spot price Didn't dive too deep on this but at a high level seems like a huge gap between the two
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Replying to @ImacallyouJawdy
Do you really think Decred has any chance to challenge the SoV market against Bitcoin? “No governance” and “Apolitical” nature of BTC is one of the things why it’s attractive. Why would a Central Bank buy Decred?
3 replies 0 retweets 6 likes -
Replying to @MustStopMurad
My investment in decred isnt as a substitute to bitcoin, but rather as a complement. Decred is resistant to minority forks, stupidly secure for a small project, moves quicker, but still forces community together on a single chain. My bet is speculative at this point admittedly...
3 replies 0 retweets 1 like
I think Decred is among top 5 projects in the space. Quality team. High cost of mounting the attack. An interesting experiment in governance. I’m just not quite sure yet that onchain governance is the way to go. For maximum social scalability you want to automate as much as psbl
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