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Bitcoin was designed to avoid regulatory capture. Ethereum was designed with regulatory capture as it’s primary use case.
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“Ethereum enthusiast” in bio..
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Bitcoin is so disruptive to the fiat easy money model that easy money is fleeing into alternative centralized shitcoins as its only hope for survival.
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Bitcoin as hard, sound money has torpedoed the demand for easy fiat paper. In response the fiat elite and subservient plebs are scrambling for anything-but-bitcoin flotsam. This has so far been embodied by an altcoin "industry" backed by smoke and mirrors.
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Shitcoins will forever be coupled to bitcoin in the same way a parasite must be coupled to its host.
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1) Bitcoin isn’t losing market share, Altcoins are a sub-economy of fiat grasping to retain control
#FiatInDisguise 2) Vitalik is not a genius, he is a successful businessman 3) Calling a meritocracy “bitching” makes you look foolish https://twitter.com/amirpolyteknik/status/996099234087751680 … -
When you realize that bitcoin is hard money and altcoins are easy money, you realize that the entire market cap they represent is just
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Whatever label Ethereum ends up with, I will never support the enrichment of such a scammy, disingenuous group of founders / devs supported by a community of IYIs.
#FiatInDisguise https://prestonbyrne.com/2018/04/23/on-ethereum-security/ … -
Even assuming Proof-of-Stake has no bugs in maintaining consensus and can keep incentives in line for validators, it will *still fail* Validators do not risk capital or have operating expenses: *Nothing is at stake!*
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Ethereum is simply
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Those thriving on fiat and institutional incentive structures invest in “anything-but-bitcoin”, not because the Eth/Alt/token economy offers utility or value, but because they’re grasping at straws in hopes of avoiding disruption.
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There was a bright yellow Lamborghini at school today, it was deffo fake
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Can't believe my car decided to break down today!!
#audimyarse#fiatindisguise
লোড হতে বেশ কিছুক্ষণ সময় নিচ্ছে।
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