Big Barry Bitcoin on Nostr: You can do more things on a technology that you can control. Also "tokens" is just a ...
You can do more things on a technology that you can control. Also "tokens" is just a side hustle way to raise money from anyone globally without following laws from the countries that you are unknowingly raising money from. It will come back and bite you in the arse, even if you exit before it all comes down, there are records to track you down as an afterthought.
Bitcoin is actual innovation. Crypto is just doing illegal things in a different way because people don't know how to reason about it yet. And you may also think it is legal and above board, but the risk you are taking is probably not fully considered.
Because no one owns or controls Bitcoin, it is really hard to build on it. It is very academic actually. We have to obey the laws of Bitcoin, much the same way that scientists need to obey the laws of physics.
Everything else is virtual, and look, bitcoin made people think that something virtual could be real, but that doesn't mean anything virtual can be real.
Photographs showed that pictures could capture something real, but not everything in a picture is real.
So be careful, tokenomics is raising money illegally and crypto is controlled systems that can and will be shutdown if they do not fail or cripple by themselves.
Bitcoin is actual innovation. Crypto is just doing illegal things in a different way because people don't know how to reason about it yet. And you may also think it is legal and above board, but the risk you are taking is probably not fully considered.
Because no one owns or controls Bitcoin, it is really hard to build on it. It is very academic actually. We have to obey the laws of Bitcoin, much the same way that scientists need to obey the laws of physics.
Everything else is virtual, and look, bitcoin made people think that something virtual could be real, but that doesn't mean anything virtual can be real.
Photographs showed that pictures could capture something real, but not everything in a picture is real.
So be careful, tokenomics is raising money illegally and crypto is controlled systems that can and will be shutdown if they do not fail or cripple by themselves.