Post
Topic
Board Announcements (Altcoins)
Merits 4 from 1 user
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
by
cryptomaxsun
on 26/10/2020, 10:41:48 UTC
⭐ Merited by Praxis (4)
The Decred Journal for September was released, which included all the updates for the month
https://medium.com/decred/decred-journal-september-2020-fb6608ff74be


It's so disappointing to see newbies' interests are attracted more to DEFI and other shitcoins, than real experiments on decentralized protocols, governance, and development.
Newcomers to cryptocurrency are attracted primarily by the hype, the opportunity to make money quickly.
Few people are interested in real technologies.
We see this on the example of many altcoins, whose price is steadily going down with active development, new solutions and technologies.
Decred has a very low profitability for pos-mining, only about 5.6% per year.
And at the same time the price goes down, which makes it extremely unattractive for investment.
As a result, we have what we have.


What would have happened to Bitcoin, and its development if the people of 2010 who came in cared only about it as an investment, not as a new technological form of how we trade with each other and store our wealth.
I like this coin decred, I am from the beginning with this coin.
But, did anyone need bitcoin if it was used by no more than a thousand people and the price was steadily decreasing, but at the same time it would be technically more perfect?
I think this is a rhetorical question.
Technology and investment are a good symbiosis.