LogFAQs > #955185256

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Topic	Cryptocurrency Discussion Topic
1337toothbrush 06/18/21 8:55:42 PM #25:	Sad_Face posted... https://en.ethereumworldnews.com/chainlink-may-gain-prominence-over-bitcoin-citi-report/ Citi Group released a research paper speculating that the Chainlink network would grow bigger than the bitcoin network (which isn't a profound statement if you already understood chainlink). On top of that, DeFi offers rates at >10% interest compared to super savings accounts for 0.01% interest and the super elites getting access to yield accounts of 2%. We're moving to a bankless world. You're fighting a losing cause at this point if you keep ignoring and rebuking crypto. One stupid coin gaining prominence over another stupid coin doesn't matter. If anything, it should've happened already because bitcoin is impractical. The interest rate is high for a reason. As Giblet explained, if your highly volatile coin drops a shitton, then it wipes out any gains from interest. Bitcoin, the star of the show, has dropped like 40% from its high. Have fun with that shit. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:955185256] in Cryptocurr... [t:79520993]...</cite> <quote>Sad_Face posted... </cite> <quote>https://en.ethereumworldnews.com/chainlink-may-gain-prominence-over-bitcoin-citi-report/ Citi Group released a research paper speculating that the Chainlink network would grow bigger than the bitcoin network (which isn't a profound statement if you already understood chainlink). On top of that, DeFi offers rates at >10% interest compared to super savings accounts for 0.01% interest and the super elites getting access to yield accounts of 2%. We're moving to a bankless world. You're fighting a losing cause at this point if you keep ignoring and rebuking crypto.</quote>One stupid coin gaining prominence over another stupid coin doesn't matter. If anything, it should've happened already because bitcoin is impractical. The interest rate is high for a reason. As Giblet explained, if your highly volatile coin drops a shitton, then it wipes out any gains from interest. Bitcoin, the star of the show, has dropped like 40% from its high. Have fun with that shit. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP</quote> ... Copied to Clipboard!
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