Nostr Web Client

sradic

ed802e2d58221b87a84fc4ff90829f2487781e2a5a1bfac44c5bd5208f6cb4c0

Dises? Nastavi.

Australia seems like it's becoming a full fledged dystopian nightmare of a country

nostr:nevent1qvzqqqqqqypzqp4hsxwh78rl23eprqnxa4au4pu9mn4wp83kagay4an9cmgasvnuqqsytzjuu3tscgdssfz2lpfn8zpesq0ypyxhuwtflqjcpe5cypwd6sgsmz4kl

sradic 1y ago

They might as well just write:

"Shut up, peasants, or you'll be punished!".

Replying to

Lyn Alden

Back when ETH did the change to its money supply algorithm to be deflationary, a lot of people correctly pointed out that they can just change it again.

And they did, so now it's back to having a similar supply distribution rate as bitcoin, but with fewer reasons for anyone to want to hold it long term relative to bitcoin, and with more competition nipping at its heels than bitcoin.

sradic 1y ago 💬 1

It has another problem now. With activities migrating to l2s, the native token of the base layer has no clear use case. It isn't exactly money, and with dwindling activity on the l1 it isn't in particular demand as digital oil either. Add in that there is no staking yield if you buy it through the ETF and you have a problem on the demand side.