@antsankov The Decred team has spent the last few years building one of the most robust supply-sides in the industry, with checks & balances + incentives for the devs, miners, and stakeholders. That sets it up very well to answer your question in the years to come: key demand-side drivers.
@antsankov It’s not clear, beyond being the leading alternative SoV to #bitcoin, what those demand-side drivers will be for #decred.
@antsankov What is clear is the community is actively discussing and building out towards that future, as can be witnessed on Politeia: proposals.decred.org.

The short answer to your question is the hive mind of Decred stakeholders will decide!

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More from @cburniske

1 Sep
Much wow right now, maybe too much nom nom...

...or maybe that's a senile OG talking after getting mercury poisoning just looking at the @SushiSwap buffet.

Some thoughts on #DeFi's ongoing food frenzy 🧵
For those getting queasy or blistered fingertips, you don't have to farm every food you see, or even farm at all 👇

There are many ways to contribute to the #Ethereum, #Bitcoin, #crypto & #DeFi cause(s).

Placeholder, for example, has worked with a number of #DeFi teams over the last few years and have strongly advocated for users, suppliers, and governors *earning* yields.

But we don't farm.
Read 15 tweets
31 Aug
Seeing enough commentary about #bitcoin being a boring asset that it feels about ready to melt faces.
Meanwhile, looking like it wants to keep running.

2020 has been the most mature period of fundamentals-driven price appreciation that has had against in its short life.

(Compare 2020 YTD in below chart to vertical green walls of 2016, 2017, and early 2018). Image
is only now nearing its 200 week SMA (yellow line). Yes, we were once that oversold 🙃 Looking like the biggest breakouts are still yet to come. Image
Read 4 tweets
17 Aug
Asking questions certainly riled up the $LINK-ers... while I learned a few good things, many responses confirmed my fears.

Inflated confidence seems to always come with big gains; reminds me of $XRP & $DASH armies of days past.

A few more @chainlink thoughts:
To start, it's true that Placeholder didn't participate in $LINK's rise. Congrats to those that did.

A look at our portfolio will reveal we've had our hands full with a dozen+ other inflecting assets backed by quality teams: placeholder.vc
Why not $LINK? I don't spend time with projects that use marketing-hype & faux-partnerships to pump up retail, all the while disproportionately benefiting a handful of whales (9 addresses own ~70% of $LINK)👇



No amount of money is worth it.
Read 7 tweets
12 Aug
When investing in a #crypto bull market, you will miss more opportunities than you catch.

Getting comfortable with that is important for your mental health.
Since we feel perceived losses more than gains, I’ve seen myself & others struggle through processing the remorse of “misses.”
You’ll know you’ve done solid personal work when you’re at peace with the opportunities you missed, and cheering them on regardless.
Read 5 tweets
7 Aug
@MisterBitty_ Meditate, exercise, and *listen* to your loved ones to stay grounded.

If those don't ground you, tune what will ground you now.

Don't get lost in screens, charts and CT all day.

Make sure to zoom out your perspective regularly.
@MisterBitty_ Control your risk and start taking profits (into stable, diversified from crypto, assets) in the mid-to-late stages of the next mania.

Some cryptoassets are worth holding forever, but if you are 100% crypto now, maybe you should only be 50% crypto by the end of the next bull.
@MisterBitty_ It is near impossible to exit perfectly at the top, so do it at comfortable levels over time. Get comfortable with foregoing paper gains to protect your principal.
Read 6 tweets
7 Aug
Despite #crypto's recent noise, it's still the diehards.

It's just >10x the diehards we had in 2016.

It's hard to be adequately prepared for what comes next.
Once this enthusiasm expands outside the diehards and a mainstream-flywheel gets going, expect the full-blown mania to be >10x what 2017 was. Exciting and terrifying.
I use 2016 not just because it fits the 4-year halving-cycle that pattern matches with 2020, but also because it was a great year of experimentation in #crypto, mostly out of the limelight.
Read 6 tweets

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