TheStophe - BALNC Profile picture
Decentralized hard money, cryptocurrency advocate. Trying to financially educate and not get wrecked by ponzi fiatcoins. Husband, Dad, Engineer. From Philly.
Jun 14, 2022 8 tweets 4 min read
I got into a bit of a tiff yesterday with a bitcoin maxi.

The argument was staking #Cardano is idiotic b/c Charles and IOG will use us as exit liquidity, rug/dump/scam.

I used my rebuttals to build awareness and Ada respect in the btc crowd, hope it helps others too:👇 Argument points for Ada:

> One of the most fair launches for POS (fair launch was scoffed at).

> Staking is self-custody, goes to your wallet (not Charles), no lock

> All early miners and adopters are whales, less relevant over time.

> Btc has centralization concerns too: