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RE: Crypto needs MORE Liquidity!

in #ethereum7 years ago (edited)

I feel NEO's spotlight has been disrupted. Too many new blockchains. Community interest has been diverted all over. Hard to keep up with the growth in the amount of projects popping up every week.

I believe green energy is a must, not just for crypto. I know a lot of people tend to not care but we need to prioritize it. Mining is in its early stages so we should place positive seeds.

As for Spotcoin, I didn't even consider the fact that this disrupts Coinbase's monopoly. Wow, very good point!

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I feel NEO's spotlight has been disrupted.

I completely agree, there versions of ethereum popping everywhere and then there are improvements. I can definitely think of ICX, ADA, and EOS in this regard, but I am sure other regional smart contract platforms are there. I had heard of one from India as well. can't remember the name. I do think, however, that in the long run, if and when blockchain becomes more mainstreams, govt will focus on R&D in this space and they may choose regional projects.

Mining is in its early stages so we should place positive seeds.

Yeah, agreed about the need for green energy. Even if mining isn't energy intensive now, it may be in the future. But may be then, a lot of mining will become more concentrated. Anyway, there is no reason to not go green.

On coinbase, when I started to invest, i wanted to find how can i invest in bitcoin using fiat. The answers all pointed to coinbase. may be one or two more exchanges, but i think miners only directly sell bitcoin to coinbase. again, not 100% sure about this. but coinbase does seem to have a monopoly, that is there to be challenged.

Very strong point there: Government support will be instrumental in the success of regional projects. NEO is likely to get the regional support it needs.

Again, if Spotcoin can disrupt a monopoly, that'd be great. It makes the industry more competitive. Established exchanges like Coinbase charge too high imo; giving them a competitive nudge would be good for everyone.

Yeah, i hate coinbase fees. I was shocked when i first learnt about the % they take off.