1/ Seems to me that $ADA completely failed this test of core values.
Say what you will, but all big crypto have clear values that have already been tested, and few actually holds them.
$BTC keeps the POW, saying f*** off to the biggest lobbies in the world (energy and politics)
2/ Correct me if I'm wrong, $ADA wanted to revolutionize the world of L1s by offering a high speed, efficient and permissionless blockchain.
Seems to me the late discussions shows how their core members have different views on their own principles.
3/ As another example, imagine if #Monero started getting soft because the media published articles about untracked transactions... The whole basis for the crypto would collapse due to faith disappearing.
4/ I expect the questions from #MultiversX people "Could it happen to $EGLD ?"
I do not believe the goal of #Elrond has ever been to replace $ETH or even alterate public institutions. In that way, the day institutions will ask for more regulation, I prefer them to play the game.
5/ #MultiversX is a company, bringing a product to a market, they are not here to shake the earth with new questionable principles.
That's why I love $EGLD, it's because i'm sure they will comply with the rules while adding efficiency to it. THE RIGHT WAY.
6/ I have no issue with $ADA, or even $XTZ, I'm simply not surprised that their ecosystem have no consensus on how to behave as a whole, becaus3 they don't have the "mythos" and "ideology" backing them up.
7/ I don't have an answer to "contingent staking" or whatnot and it's defo not my problem since I picked my side : straight up funding rules, already compliant and with adaptive settings : #MultiversX understood they are not #Bitcoin or #Ethereum or #Monero.
That's why I love it
• • •
Missing some Tweet in this thread? You can try to
force a refresh
This is absolutely huge ! $EGLD about to hit the asian market ! Why ?
Answers below 👇
2/ #Tencent, what is it ?
Well, only the BIGGEST game publisher in the world, and owns at least of one game you've already played : #Fortnite#Riotgames with #Leagueoflegends
But it's also involved in #universal Music, and other giants in every industries...
3/ The biggest of their babies ? @WeChatApp a must have in China, and its getting ready for the metaverse they want.
So, @beniaminmincu announced the partnership with their tech company @tencentcloud and with it released a full article on what they are going to achieve.
It's the weekly close that'll tell us we can indeed talk about a market change of trend.
Beautiful candle, but I fear this is simply another fakeout before finishing the correction towards 20k5 minimum.
So YEA i'm bullish on $EGLD more than I am on $BTC, butkeep in mind, the macro and context is still bearish ! This pump isn't justified by any news and we have yet no idea where this pump before close is coming from.