Plasma-type sales encourage bad behavior: Depositing assets | DefiIgnas på Binance Square

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Plasma-type sales encourage bad behavior:
Depositing assets via a hot wallet as there was no time for hardware or a multisig wallet.

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NGL, I feel a bit salty about $CRCL's success. Crypto natives, and especially DeFi users, were early USDC adopters. We form the core user base. Crypto is amazing because it rewards early adopters: from BTC, ETH, to multiple airdrops. Yet, the upside from Circle's success leaves onchain users sidelined. We got no base yield from USDC, no stocks, no airdrop... anything. Sure, we can buy $CRCL with TradFi accounts but it siphons money from crypto to TradFi. Still, Circle's success is great for crypto adoption as payments become more popular and stablecoin supply grows. This would boost onchain transaction numbers and thus valuations for underlying blockchains. But I want to back stablecoins that reward their early supporters. Ethena, Maker, Frax, etc. Not Tether or Circle.

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Sentiment that CT is getting worse and that people are leaving is worrying. Imagine if your only sources of info about crypto were legacy media, Reddit, or TV shows: The negativity and skepticism would seek into you and would dissuade you from investing in crypto. Even if initially you thought crypto was a great idea. Worse still, for many even friends and family might mock you or discourage your interest in crypto. I avoid talking crypto with quite a few IRL friends because they don't get it. Thankfully, I found CT before BBC News could sway me away from it. Without CT, I might still be stuck in a rate race with a slave wage. We need CT because, without it, newcomers wouldn't have a place to find like-minded people and validate their ideas. Without CT, it might be too difficult to resist doomsayers and skeptics. That's why we must keep CT welcoming to new people and ensure we share insightful content. I'll try do my part!

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"BTC is doomed to fail by 2040 as fees won't be enough..." Honestly, I need BTC to succeed at least until a new monetary system is in place. BTC is ideal for this transitional period. After that, $ETH, a new system, or something entirely different will present great opportunities. I don't know what the role of BTC will be in the new world order, but we'll need to have an open mind and adapt.

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"BTC is doomed to fail by 2040 as fees won't be enough..." Honestly, I need BTC to succeed at least until a new monetary system is in place and the monetary system resets. BTC is ideal for this transitional period. After that, $ETH, a new system, or something entirely different will present great opportunities.

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What's the best multisig solution for native BTC?

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