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RE: FTX: Hive Needs To Focus Upon Decentralization

in LeoFinance2 years ago

Harsh times and there is a waterfall of causality out of what is happening in this space. FTX seems to go down fast and I think Solana will soon follow. Only the unstaking period stops it from an abrupt drop and we will see that in a few days. Decentralization is critical, and I must appreciate Cardano where the tokens aren't leaving your wallet even when staked.

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People need to understand the value of o counterparty risk.

Posted Using LeoFinance Beta

This ⬆️ 💯

It’s amazing 2 me how many people are still shocked by these events. We just see a massive destruction of on paper value unfortunately during these processes. That said long term we will see and need the pain to get to the other side and decentralization. I think the leg lower could be far further from here as we see more of this but long run we will be better off.

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Just some feedback,The audio was a bit tough on most recent podcast (just made it hard to listen. I’m talking about episode 166) but overall it’s been my favorite crypto regular listen. I boost on Fountain and love 2 support! I appreciate the effort and take it takes very seriously. You’ve changed my opinions on a couple topics and I thank you!
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