L2 solutions to L1 problems has always been such a dumb fucking take IMO. If folks can't find a reason to invest in L1, why in the hell would they add risk by investing in L2 derivatives?
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L2 solutions to L1 problems has always been such a dumb fucking take IMO. If folks can't find a reason to invest in L1, why in the hell would they add risk by investing in L2 derivatives?
Easy bro don't try to say the quiet thing out loud you might upset someone.
Ohhhh pretty sure Ive already pissed off a few and I've survived so far. Its far from the first time I've voiced that particular sentiment.
Yes I'm sure you were running your mouth quite a bit when a bunch of people were saying "let's remove rewards and port them to L2". I know I was. What a terrible idea. Either the model is worth doing or it's not worth doing. The second layer is not some magic vehicle that makes failed business models work.
I absolutely was. I spent a lot of time arguing about that, here and in hive-related discords because it was (and for the record still is) an appallingly stupid idea that would 100% kill HIVE.
no lies detected
Bad ideas are quite funny!