CH

Stellar XLM has flipped #Cardano.
Yeah that nonstop governance fight is going to fix this. Yeah.

you open your stocks brokers
- you happy -
you open your crypto wallets
- you angry -
it's not that hard to understand why CT sucks right now

if $ADA price was 10x the current one, governance discussions would have been 100 times less dramatic, both because requested amount would have been way lower and because of community morale. Tell me again core token price doesn't matter.

sic transit gloria mundi

no sorry, spending the next months discussing for new forms of governance as rescue narrative won't make Cardano any more attractive than it already isn't

I feel second-hand embarrassment for the status of the Cardano governance right now.

if Cardano ends because one single company fails, how we could still talk of decentralisation and put a clean face on? Having a single point of failure is not decentralization. Major red flag.

My favourite reply when someone says Bitcoin will stay #1 no matter what: if you in 100 AD had claimed the Roman Empire would keep going indefinitely you’d have had nearly 800 years of historical trends seemingly proving you right.

uncomfortable truth: unless the ecosystem participants build more value per year than [staking yield + treasury spending / year], the chain loses fair value of an equal amount, which markets will inevitably rely to price core assets on

there is only one goal: increase $ADA demand

The current ongoing conflicts are currency world dominance wars (USD vs BRICS gold). Whoever controls the global currency controls the world. Truly decentralised currencies let you escape global surveillance. This is still a major unchanged selling point of crypto. Opt out or be slave. Decentralisazion first.

old trends: ICO, CEX listing, NFT, memecoins
all they have in common: the ability to trigger fresh runners, daily
the next crypto run meta will require this feature

Remember, stock market is overoptimistic right now, while whole crypto industry is struggling to survive.

when someone think they can decide who's allowed to thrive or live, that moment you know we're not talking of decentralized environments

Kinda pathetic that yall really think spending can address the real problem of post-Voltaire Cardano: how to attract enterprise/nation capital inflow after no supposed leadership (decentralisation).
You can pay all captains for leadership, but too many captains do sink the ship.
Choose one:
- everyone is crew
- sink it pretending to lead
oh, and
one node = single point of failure
have a nice day

it's either early or too late

You become the Ethereum killer by actually killing it.