Post
Topic
Board Speculation (Altcoins)
Re: Blocknet's XliteWallet Pushed Into "Open BETA" - 25% Gains last 48 hours
by
notyouraverageTrader
on 13/01/2021, 16:16:23 UTC
The bullishness of Blocknet means believing in the important things about DEX... And I mean it's not just believing in the importance of DEX things - it's believing that DEX as a whole has solved a lot of crypto things...

Decentralization: No central authority can control a coin. Solved.
Scarcity: Nobody can forcibly change the algorithm and create a new coin or engage in other nefarious activities to the source code. Solved.
Security: Handled correctly by DEX, nobody can confiscate coins, short of coercion/torture of the individual. Solved.

These fundamentals are truly solved by most of the DEX's.