Recently, I saw people discussing re-staking and shared security again, with yields stacking layer upon layer.


My mind instead felt like an ECG suddenly going flat: not because I think it's stable, but because I feel like I'm starting to add hallucinations.
To put it plainly, if the bottom layer is just "looks very safe," then all the enhancements above are amplifiers, and when something goes wrong, they also amplify it.
Last week, I almost impulsively withdrew everything, but then I thought for the third time: am I really buying yields, or am I buying an illusion of "someone covering my backside"...
Forget it, I'll keep some cash and sleep peacefully for now.
By the way, the privacy coin/mixing coin debate in the group has become even more intense, with the boundaries of compliance becoming blurred.
Everyone's emotions are directly leveraged, which feels very much like the same issue:
Security is too expensive, don't use stories as collateral.
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