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Showing 2 of 2 results by Keith Sweatz
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Board Beginners & Help
Re: Exploits and flash loans are just the beginning, defi economy Is less private
by
Keith Sweatz
on 25/11/2020, 05:24:36 UTC
Quote from: hatshepsut93 on November 24, 2020, 10:18:00 PM
DeFi has always been pure hype, no way in hell any serious person would actually use it instead of traditional finance - there's no regulations, no legal protections, any bugs could lead to catastrophic losses and no one will be held responsible, there's no insurance, all these platforms are not well-tested and come with a lot of flaws, of which privacy might be one of the smaller problems.

Bitcoin has had two inflation bugs. Print as many coins as you wish. 


DAI has been battle tested and has proven to hold its peg in huge market down turns. If you want a stable coin that CANT BE FROZEN you go with DAI.
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Topic
Board Beginners & Help
Topic OP
It is fine to support Bitcoin Cash.
by
Keith Sweatz
on 25/11/2020, 05:17:05 UTC
We don't all like paying high fees. Paying $10 to send a transaction is extremely high to many of us in poor countries.

This forum is filled with a lot of toxic bitcoin maximalists. Bitcoin was created to be a peer to peer currency but we have this narrative pushed by people like michael saylor that its not meant to be a currency.

Remember newbies that Bitcoin Cash has MANY advantages over Bitcoin.