Ask yourself: why are TradFi gurus suddenly so concerned about investor protection and education when it comes to #crypto? If you dive into their history, you’d see many of them have had a fairly muddy past.
unfolded in front of them, many have been privy to insider news etc but they’ve never cared much for the normal retail investor.
Why then, have they become so fatherly all of a sudden? Many of them were privy to what happened at #YesBank, #dhfl etc. They even shilled them!
Here’s one instance. Calling him out because he’s been taking a dig at #crypto investors all over Twitter.
Just to add: the point here is not to say that people cannot change their minds. Everyone is entitled to a change of mind. The only point is they can conveniently wake up one day to like #Crypto & would probably have already participated in it before making public announcements.
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1/ Prominent people in our country have recently claimed that #crypto tokens have no value - we think they just need education in this space.
Undeterred by the FUD and #cryptobandebate, DeFi India brings to you a thread on #Solana and it's token $SOL
2/ Solana $SOL is a decentralized blockchain built to enable scalable, user-friendly apps for the world.
Solana is the fastest blockchain in the world and is capable of supporting over 50,000 transactions per second (TPS) while maintaining block times of 400 milliseconds.
3/ Comparing that to trad alternatives; Visa claims a max TPS of 24,000 and Mastercard 5,000
#Solana can already operate at 10x the speed of Mastercard and txns cost $0.00025
Visa/Mastercard charge anywhere between 0.1-2.5% of every txn. The more you spend the more the fees.