Discover and read the best of Twitter Threads about #dcrdex

Most recents (2)

i've been reading the many "conspiracy theories", i.e. minority narratives, re SBF/FTX/AR, and there are some interesting takes for sure.

i am rarely one to pour cold water on a good minority narrative, but here are some things i see people overlooking.

1 of n
first, consider that alameda research (ar) was founded in sept 2017 during the 2017 cc bull market.

the 2017 market was mostly junk assets, so ar cut their teeth as a market maker (mm) for junk assets. this is code for pumping (and dumping) and creating a mirage of liquidity.
in a bull market, it is commonplace for poor investors to come off looking like geniuses because all anyone sees is gains, not what generated them.

repeatedly doing mm and pumping and dumping (pnd) junk assets is very good money provided you *dump* on retail.
Read 19 tweets
$DCR in beast mode.
For a while, skeptics asked what $DCR's raison d'être was.

Sure, @placeholdervc had put out that "Decred’s killer feature is good governance, and with good governance, you can have any feature you want," but what feature(s) was @decredproject providing the world?
IMO the turning point for people realizing @decredproject's ability to bring valuable services to the world was #DCRDEX, which has seen rapid uptake as a privacy-preserving, hard-money #DEX: dex.decred.org
Read 12 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!