band PoS and just pick up Kadena as its chosen blockchain lol. Has anyone considered the contrapose of this assumption?
Government needs to make there cut. I think PoS will be demanded a security and POW a commodity.
You think that, but its absolutely not the case at this point in time. You could be just dead wrong
Yes I could be but if BTC is digital gold then ETH is digital oil and we all know that the government wants to control all the oil digital or not and they have no issues going outside of the US to get it.
Ser, we are the only trilemma solvers.
People laughed when I call ETH digital oil in May. Now it’s all over the place. Maybe I’m smarter then I look 🤔
Yeah sure, people have been buying so much ETH that it has skyrocketed recently to 8k! Oh no, wait...🙃
Who said that? No one said anyone was doing that? ETH and BTC will become old man’s crypto soon and funds will flow into other ALTs. Hope you choose wisely.
Partially correct
With the BTC ETF black rock told there customers to buy BTC before the ETF was out. SEC made it so you had to buy into the ETF with fiat and couldn’t transfer your BTC into the ETF. Same rules apply for ETH ETF so until the ETF starts trading it’s not going to do the same thing BTC did before ETF started. Everyone will wait for trading to start so they don’t have to sell there ETH just to turn around and buy back into the ETF. That’s why when BTC ETF started it was slow because people where selling BTC only to buy back in to the ETF.
There are no intentions to set up a burn mechanism.
If you think that ETH is the same as BTC you are mistaken.
Good to know lol thank you rose. You’re always watching 😉
Let’s vote in favour of a burn 🔥 mechanism for KDA token so everyone can benefit
Keep the vote to ur self 🤣👍
I don’t think you understand Kadena. You should see it as the project with probably the best utility, not as a way to be economically benefited. That’s why the most people here are frustrated about the coin.
I do. I’m long term believer in KDA, but….. there needs to be a balance that will also benefit investors. If I was in it just for the gains I would not be in KDA because of the bad tokenomics
Investors will be benefited through the progress of the project within an indefinite timeframe. Burning mechanisms are for projects with little utility just to catch the eye of investors because there is nothing else that could attract them.
Hopefully soon because if you zoom out, it’s basically the same value as 5 years ago
We will see.There are people behind Kadena that they left their previous jobs to build something. We are just investors that support the project. By applying pressure on the team, we can’t get good results. Let’s support them and have trust in the process. We must not confuse our impatience with the progress of Kadena. Let time show us the results.
Not even remotely true. You can use burn for example to help balance out an LP or provide an incentive for transacting. It's also fun to see and track, but certainly won't move the needle in most cases since it's just inactive supply burn.
I can send you an address where you can burn as many Kda as you would like 😁
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