1/ Most of the crypto excitement is focused on Layer 1 tokens. Good investments in the short term. I worry they’re doomed long term.
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I hate it when people do that shit to me, but I just couldn't resist
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Xcode. There. Did that help? /ducks
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It has no power here. I am free.
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In the money use-cases, the end user relationship is at layer one. In the platform use cases, runtime deployments and interlocking libraries and APIs can create a lock-in, similar to OSes.
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Regarding
@danielgross comment: Price of the coin is not determinant if it’s usage. Market forces push prices of the asset being transacted. If ether goes up 10x, the price of the asset will probably go down 10x as well by market forces -
Furthermore, transaction costs are determined by the market as well. So Ethereum price can go up, but transaction costs can still remain low.
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The moat is the ecosystem around the blockchain – i.e. tools that would not exist if you move to another chain (web wallets, block explorers, UX event listeners, dev tools, etc)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Your analogies all have real utility value so the necessity in making the "right" choice hinges on real variables such as price. Can't really compare to tokens and coins that have not reached any valid level of utility and therefore have no actual impact variables to account for.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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