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It's not worth considering at all. Protocols don't need branding, they need developers. The fact that Bitcoin's price is based on memes has nothing to do with whether or not it will be widely adopted. Adoption is a technical question, not a marketing question. What are you talking about...

Anyone suggesting BTC will be the most widely adopted cryptocurrency is totally wrong and needs to be called out on it/made fun of. You can't just go around spouting off shit and then wonder wtf happened when the world moves a different direction.

Bitcoin had smart contracts first, in that case. You obviously didn't play Anarchy Online. And there was no investment, I mined Ethereum on my home computer because I understood that a distributed state machine is much more powerful than a distributed ledger and that Vitalik is a fucking...

All I'm saying, and keep saying, is that Ethereum is the superior blockchain technology and will be widely adopted around the world at a level that Bitcoin could never dream of sustaining. Anyone betting against that is an idiot.

This is a great analogy, because Blizzard was actually the first studio to implement instances, and SOE basically tried to copy their homework but ended up delivering a fucking travesty of an expansion, you know, kind of like Sovryn.

Also, this is patently false. There is no comparison between Sovryn and DeFi in general. Sovryn is a shell of one component of one piece of DeFi at best, and I'm not sold it will ever grow beyond that. The rate at which new DeFi building blocks are implemented on Ethereum is so far beyond...

Two supremely ignorant statements trying to justify the total lack of innovation in Bitcoin as a fucking selling point. Just because you can't see how these companies innovated the market (is anyone seriously arguing instances weren't amazing tech for raiding? I'll fight you on it and win)...

Sidechains are a dubious scaling solution at best, I'm not convinced they will stick around in any meaningful capacity. The fact that Bitcoin is still piddling around with them without a single thought as to how a rollup would be implemented should be hugely worrying to everyone in the Bitcoin...

And you won't find anyone disagreeing, we are still early yet -- I'm betting 90% of you shitlords keep your crypto in a centralized exchange, going by my real life acquaintances. Where you will find me disagreeing is the suggestion that Aave is too hard to figure out for the average person...

This is the whole point of crypto, verify don't trust. You don't have to trust that Aave won't shut down because it bought a bunch of credit default swaps, and yes, it is super simple to use once you get past the introduction to crypto -- everyone knows the introduction is the hard part right...

No idea what you're talking about. Depositing and borrowing crypto on Aave is super simple, if you want to deposit you click on the Deposit tab, and if you want to borrow you click on the Borrow tab. It's not rocket surgery, the hard part is setting up a wallet and putting crypto in it. What...

Absolutely correct, but the truth is that Ethereum is a distributed state machine while Bitcoin is a distributed ledger. Sick and tired of idiot Bitcoin maximalists who think holding a coin is the pinnacle of crypto.

I don't know what you aren't getting here. Bitcoin promised the disintermediation of financial services via a censorship proof, trustless, permissionless payment system, but has delivered no such thing. The only reason anyone even thinks it's possible is because of all the smart people in the...

Literally all you need is an Ethereum wallet, I use both Metamask and MyEtherWallet. For Metamask, you just go to app.aave.com in your browser, select "Connect wallet" in the top right, and choose Metamask. MEW integrates the Aave protocol directly under the "Dapps" section, but if you install...

The point here is that it's nearly impossible to do anything Aave does with Bitcoin. Where are you depositing your Bitcoin? Where are you getting loans against your Bitcoin? Are they decentralized like Ethereum applications are? You say it's too hard for the average user, but you figured it...

The Ethereum devs do a great job of explaining how much more powerful Ethereum is than Bitcoin, hence why it has the biggest, most active development team. Bitcoin does a horrible job of explaining why it's better than fiat, which is why literally nothing has changed in the 13 years Bitcoin has...

No it doesn't, measure these from the start of the year, active and new addresses for BTC has gone down since Jan 1, Ethereum has increased in both. Further, I believe it's standard operating procedure in Bitcoin to use a different wallet address for every transaction, correct me if I'm wrong...

This is specifically not true in the case of Truebit -- price is determined by tasks in the system, and there are many sections in the whitepaper which list out how to effectively price a task such that a solver wants to solve it and a verifier wants to verify it. Further, anyone can mint $TRU...

I don't know what you're not getting about ETH leading all adoption metrics. You can hold ETH just like BTC, sure, but if you aren't actively providing it as liquidity or staking it for security, you are losing money on it. The commodity aspect of Ethereum cannot be replicated by Bitcoin L2...

Nope. Part of the problem here is that you think that BTC is getting more adoption and implementation than ETH, this is not the case and there are no metrics which support that. The big issue is that the philosophy behind Bitcoin makes for a horrible monetary system, but Bitcoin maximalists...

The only fair and balanced position is one which acknowledges the technological limitations of Bitcoin. The Tether thing for remittances was new information to me, this shit is a disaster and not calling it out as such just fuels Bitcoin maximalist fantasies.

https://foreignpolicy.com/2021/06/15/el-salvador-bitcoin-official-currency-printing-money/ Best quote:

Rekt article on Titan: Rekt - Iron Finance - REKT

Sidechains may not be a viable scaling solution long term, but blockchains are definitely viable.

I think the Tether fears are somewhat overplayed, or at least DeFi is mostly insulating itself from it -- it'll hit Curve real bad, but Tether is hardly dominant in Uniswap pools, where FEI and USDC are much more attractive options.

Went from $63 per $TITAN to millionths of a penny. Hope our degens made it out in time, but if you think the project has legs you can pick up like 155 million $TITAN for an ETH right now. EDIT:

RIP Titan, hell of a rug pull.

Yep been in touch with the Truebit team for a bit now, they're fairly active. Truebit users are blockchain developers, they don't really need a Lex Fridman interview to learn about Truebit, and Vitalik is still sore about casually mentioning LINK which caused the price to skyrocket.

This is a false dichotomy, BTC vs ETH is not gold vs paper in the slightest. ETH is just as much a store of value as BTC is.

This is essentially the TLDR of the Goldman Sachs report that came out about Bitcoin vs Ethereum, fwiw.

This is exactly the point, and it is not a good thing for the security of the blockchain. It is, in fact, the exact scenario that needs to play out in order for a 51% attack to even be possible.

Except it's a lot more than just trading coins, it's about providing liquidity and being rewarded for it. It's a brand new investment vehicle and there's already over $60 billion locked in it, and arbitrage is not even close to the main driver of the rewards -- front running is essentially a 3x...

I don't know why you have so much trouble with such basic shit like this, the original comment was regarding the volatility of transaction fees being bad for a network secured entirely by them, which Torrid misconstrued into whatever dumbass statement this is which for whatever reason you think...

I don't know why you linked that video, it's still as absolutely true today as it was when he said it. Do you understand that's the whole fucking point behind scaling research and why Ethereum is lightyears beyond any other blockchain? Wait...do you understand what the word volatility means...

Funny how that never happened and you just pulled shit out of your ass. Transaction fees being too volatile to secure the network was a primary consideration for Ethereum's infinite supply. Ethereum fees are super fucking low right now, too, not sure what you're talking about.

I love how everything on that chart is either Ethereum, a copycat of Ethereum, or Bitcoin. You have to wonder how the Bitcoin network is going to function once block rewards are no longer issued, transaction fees have dropped by like 90% and that kind of volatility is fucking lethal imo.

Should make you want to buy more ETH, tbh. This entire system was conceived and developed on Ethereum, AMM pools weren't even a thing conceptually before Bancor tried something different from EtherDelta.

Mark Cuban: The Brilliance of Yield Farming, Liquidity Providing and Valuing Crypto Projects | blog maverick

Unlikely, Vitalik wrote a blog about legitimacy that explains it fairly well: The Most Important Scarce Resource is Legitimacy

Yes, it's a huge problem. Cardano thinks you need to bake metadata into the protocol itself in order to solve it, other people aren't sold that it's a problem.