/biz/ - Business & Finance

>>23957443
The crystal ball likes XSN as an idea. However, the Ethereum chain is more reliable, trusted, and widespread. It can do the same role as XSN using wrapped tokens from alternate chains, and if the recipient of the BTC doesn't trust wrapped tokens, trustless escrow on the eth chain is now widespread and functional.

>>23957541
There crystal ball says there are no ETH killers, anon, and that Andre Cronje is a scammer.

>>23957644
>>23957672
The crystal ball checks your dubs, but unfortunately everything you have "contributed" to this thread has been refuted. All you have said is that RLC = good and PNK = bad. The ball has told you why both these statements are wrong. Server factories already exist - the issue is not creating asian server farms, but utilising idle processing which is in abundance. And AWS and Google offer this to universities/whoever has massive servers and plenty of downtime.

>>23957676
>>23957733
>price differences between assets
It is arbitraging with STA, which has no value outside the balancer contract. A balancer contract that held the underlying assets, or didn't include STA, would have 25% more assets and might actually be worth something. By including the STA token and making it deflationary, buyers are buying thin air and paying devs to dump on them via a deflation tax. If the balancer is not needed, then STA is not needed, as its only use comes from the balancer contract.
>pooling just STA
The crystal ball says this provides you with no underlying assets and is arguably even worse economics. You are buying a useless asset, which burns some of your tokens, so that even before whales dump, you have less of a market share than the amount you paid.

Not even holders can say why the token is needed. STA was a discord pnd campaign which simply stuck around for too long and attracted the kind of newfags who do not understand economics or crypto.