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File: 1.30 MB, 1024x768, Leonardo_Diffusion_XL_Show_me_blockchain_transitioning_from_de_0.png [View same] [iqdb] [saucenao] [google]
56808050 No.56808050 [Reply] [Original]

Seeing all the big companies rolling in, I don't think we will be able hold that much anyway. So is it better to give up on some values like decentralisation in exchange of professional input?

>> No.56808056

>>56808050
Yeah I agree with this. It's impossible to keep that anyway

>> No.56808098

>>56808050
That's nonsense. We have to fight till the very last moment and maybe we won't give up on everything. There are giants on our side aswell. Uniswap, curve bitcoin and ethereum itself...

These are still decentralized, wtf are you eve talking about?

>> No.56808181

>>56808050
They will fuck us when regulations kick in anyway. Let's surrender

>> No.56808204

>>56808050
>>56808056
>>56808098
>>56808181
(You) lost. -> >>56806924

>> No.56808227

>>56808050
>>56808056
>>56808181
>t. Solana fags

>> No.56808231

>>56808204
I don't get this, can you elaborate?

>> No.56808234

>>56808231
US Dollar has won.

>> No.56808256
File: 91 KB, 500x375, in ur base.jpg [View same] [iqdb] [saucenao] [google]
56808256

>> No.56808292

>>56808256
You are just throwing random words and randim pics anon. get lost

>> No.56808302
File: 59 KB, 799x318, 1701259733953523.png [View same] [iqdb] [saucenao] [google]
56808302

>>56808292
>get lost
No.

>> No.56808351

>>56808204
>>56808227

Some channers became paranoid lately

>> No.56808367
File: 24 KB, 797x103, 1701256208429707.png [View same] [iqdb] [saucenao] [google]
56808367

>>56808351

>> No.56808396

>>56808050
It can't get any more centralized than this


what do you want more?

>> No.56808404

>>56808050
dirty .eth l2 scammer wrote this
no and FUCK YOU you globohomo woke faggot

>> No.56808487

>>56808050
It's actually impossible to keep up with decentralization.

>> No.56808511
File: 44 KB, 1005x207, 1701256208429707.png [View same] [iqdb] [saucenao] [google]
56808511

>>56808367
>1701256208429707

>> No.56808563

>>56808050
You must be a dumb fag to think after giving up decentralization you would get anything meaningful in the space.

>> No.56808581

>>56808181
Stop being a weaklean dumbass. We survived since 2013 and you think we can't win?

>> No.56808627

>>56808581
Irony, you idiot... Stop biting the bate and go play somewhere else

>> No.56808761

>>56808563
You must be dumber to think we are not giving up already

>> No.56809177

>>56808563
CEX has provided us with more value than DeFi has.
I know that many of you will like to argue without looking at the stats.

>> No.56809223

>>56808234
Fiat will always be the king because even when you look at it now, BTC value is being gotten from fiat

>> No.56809240

>>56809223
US Dollar is the king of FIAT my little third world friend.
Say it: "I am a bitch for Dollars."
Say it.

>> No.56809359

>>56808181
Regulations kicked in already and the compliant projects are getting licenses to operate in different countries, like CryptMi that got a license in UAE while the non compliant ones like Binance are shutting down in different countries

>> No.56809396

>>56809223
That can change right away actually

>> No.56809410

>>56809240
The USD being king won't last much longer because already we can make payment in crypto and different countries are also coming up with CBDCs that might be used for international payment in the nearest future

>> No.56809461

>>56809410
Because USDT is king now. See >>56808302

>> No.56809502

>>56809359
That is a big feat. Getting licenced in the UAE ain't child's play.

>> No.56809550

>>56809502
I'd prefer to see US or EU but UAE is fine for starters

>> No.56809624

>>56809461
as long as I'm paying with it, I don't care

>> No.56809643

>>56809550
From what I'm seeing now, it has US and EU licenses and I think those two are the easiest to get

>> No.56809652

>>56809624
Based US citizen detected. Here my friend, have some burger and fries and lets forget about this cesspool of brown, smelly untermenschen here.

>> No.56809731

>>56809643
>>56809550

It's already being used in US

>> No.56809760
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56809760

>>56808050
I still think decentralization works best with tokens that are not serious or that play to a strenght of crypto. Both the devs and the buyers know this is a race to see who makes more and sells. But man, imagine if shit like $RAMP were affordable without all the downsides. I could literally be a millionaire on launches like that. We need more eth-based shictoins and maybe moving the focus of decentralization off the altcoins could be a good idea.
Idk just some food for thought

>> No.56809806

>>56809177
Being someone that enjoys using crypto cards, I agree with you that CEXes have been of more use than DeFi

>> No.56809961

>>56808581
Crypto isn't winning against regulations, especially giving all the bad actors in it

>> No.56810103

>>56809624
Exactly. As long as I can use the card and pay with it almost anywhere it's a win for me.

>> No.56810122

>>56809806
The fees on those cards are outrageous

>> No.56810239

>>56810122
Have you tried using CryptMI card?

>> No.56810336

>>56810122
3.49% on Venmo and 49c per crypto transaction. Joke
>>56810239
how's this one?

>> No.56810615

>>56810336
I think transactions are free using it. You should give it a try.

>> No.56810656

>>56810336
>3.49% on Venmo and 49c per crypto transaction. Joke

What? That's insane!

>> No.56811308

>>56810239
What's that?

>> No.56811375

>>56809461
Now it's obvious that the government controls the crypto industry

>> No.56811440

What many don't realize is that decentralization also benefits many business entities. It allows them to interact in a trust-minimized way to increase the security of their transactions. A big part of business is supplier qualification, a vetting process that basically determines whether you can trust a business enough to interact with them. There is a ton of value in the business world without much liquidity (movement) because it comes from sources that may not meet the qualification requirements (ie credit history, location, etc) a business has. Smart contracts offer a way to reduce the need to form agreements based on trust. Instead, the terms are clearly spelled out and executed based on math. Big business wants that kind of environment because it opens up a whole new world of accessible value for them. And a decentralized web of contracts is fundamental to the unlocking of that value, it can't exist without it.

>> No.56811446

>>56810122
Not all cards though. I know that CDC fees are high but CryptMi offers zero fees on all transaction

>> No.56811497
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56811497

>>56811375
And that is a good thing.
Because it is our government.
Imagine the chinese having that power.

>> No.56811502

>>56811446

That is like the best I have used so far. I would recommend it anytime any day.

>> No.56811535

>>56809731
I'm seeing discounts as high as 40% from some merchants on the app, are they real?

>> No.56811604

>>56811535
Yes. That is pretty high and impressive. You can use it to do Christmas shopping

>> No.56811628

>>56811497
China had the chance and they messed it up, so US will always be steps ahead except if the SEC also fucks everything up

>> No.56811685

>>56811440
Yes but some things are done better with centralised, professional entities. Like payments that people here are talknig aobut. I would also like to see lightning network take off and all merchant used that without any fees or something but at this point, being a part of a big card network like visa seems to work better

>> No.56811709

>>56810656
It's insane. If only you know what Cryptocom charges. Best to stick with CryptMI.

>> No.56811722

>>56809961
The bad actors are majorly in DeFi, with all the weekly hacks and rugs

>> No.56811849

>>56810656
Even aside the fees, crypto payment is good for cross border transactions

>> No.56811870

>>56811685
You can still interact with centralized entities like VISA, the difference being that in the future you will likely hold direct custody of your funds and simply use VISA infrastructure to interact with it. So if VISA decides to shit your card down, or your bank doesn't want to do business with you anymore, they aren't holding your funds hostage. You having direct custody of your funds gives you more power in the financial world than you had before when banks held all your money.

Transacting for "free" without fees is a meme. Even in direct peer to peer crypto transactions there are still gas fees right? No matter how small, fees always exist. The real thing to aim for is direct custody of your funds and using smart contracts for interaction, which reduce the risks involved with transactions.

>> No.56811883

>>56811849
Yeah only criminals do that.

>> No.56811941

>>56811535
You don't need to wait for Black Friday when using that card and its app because everyday is discount day on it

>> No.56811948

>>56811870
This is what cryptmi is. I mean they are also custodial, but this is the general logic. Crypto with the card network.

>> No.56812020

>>56811948
>custodial
You mean you deposit your funds into their network before you can use a card to spend them? Doesn't sound much better than a CEX to me. Do they have any proof of reserves or other cryptographic assurance that they aren't lending your funds out on the back end? It may be convenient to spend crypto with a card swipe, and beneficial for tax purposes, but I wouldn't keep very much with that card. Not your keys, not your crypto.

>> No.56812031

>>56808404
this. I don't need any "we should" shill talk from soiyboy valueless desperate zoomers. there is no we.

>> No.56812114

>>56811440
Plus getting rid of the intermediaries will directly reduce the price tags.

>>56811685
I agree with this to a certain extent. In any case, crypto payments is a must for adoption

>> No.56812681

>>56812020
>NYKNYC

Agreed. They can improve their product by using a third party wallet maybe?


That would be the perfect solution really

>> No.56812798

>>56812681
an integraion to apple pay, samsung pay, etc. would bring more traction yet won't solve the problem

>> No.56813037

>>56812681
>>56812798
I'll infer that you guys think the current system of users managing their own private keys/seed is too much for the average joe to handle, and I'll agree with that. Some kind of system needs to be developed that allows for a derivative of a private key to be used that allows for self custody but is easier for people to use. Maybe something like biometrics or multi-factor authentication between multiple sources of private information. I'm sure some smart person has already found a solution to what self-custody in the future will look like, I just don't personally know the answer.

>> No.56813366

Decentralisation is literally the entire point of having a blockchain. If you give that up you might as well just have a database maintained by an organisation

>> No.56814184

>>56808050
Yes it's part of it, but then GambleFi is super unsaturated niche and will be a gold mine in the upcoming bull run, I mean Funarcade is one of the few to look out for.

>> No.56814484

>>56813037
It’s same for multi factor as well. It requires person to be attentive. Biometrics maybe the better choice there

>> No.56814986

>>56812798
Not that. Some feature like connecting like 3rd party wallets like MM or cold wallets you kmnow