Dinoraptor101 on Nostr: My take on current Cryptocurrency economy. If USD collapses XRP/XLM will too That it ...
My take on current Cryptocurrency economy.
If USD collapses XRP/XLM will too That it because their stable-coin status is built upon their 1:1 ratio to the dollar.
That’s different with Bitcoin and ETH as they have independent economics from the current system, So I would recommend ETH over BTC given its speed and programming application.
You might also be interested in learning about TON and Bitcoin Lightning networks. These are essentially a second-layer blockchain facilitating faster crypto transaction for existing coins using a “proof of stake”.
____
Crypto is essentially free-speech money. And it’s where humanity should advance to solve all our slavery, poverty and homelessness problems.
#cryptocurrency #Ethererum #blockchain
Published at
2023-10-12 13:40:13Event JSON
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"content": "My take on current Cryptocurrency economy.\n\nIf USD collapses XRP/XLM will too That it because their stable-coin status is built upon their 1:1 ratio to the dollar.\n\nThat’s different with Bitcoin and ETH as they have independent economics from the current system, So I would recommend ETH over BTC given its speed and programming application.\n\nYou might also be interested in learning about TON and Bitcoin Lightning networks. These are essentially a second-layer blockchain facilitating faster crypto transaction for existing coins using a “proof of stake”.\n\n____\nCrypto is essentially free-speech money. And it’s where humanity should advance to solve all our slavery, poverty and homelessness problems.\n\n#cryptocurrency #Ethererum #blockchain",
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