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prancing389 to Monero ·
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9 months ago

Bitcoin's Co-optation by the Financial System and the Rise of Monero: A Critical Analysis

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Bitcoin's Co-optation by the Financial System and the Rise of Monero: A Critical Analysis

prancing389 to Monero ·
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9 months ago
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Pass this URL on to those considering crypto for the first time, or to a BTC maxi to watch their head explode, lol.

Bitcoin’s Co-optation by the Financial System and the Rise of Monero: A Critical Analysis

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  • ReversalHatchery@beehaw.org
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    9 months ago

    Link without tracking: https://bastyon.com/not_bs?s=3dc5d7dfc21c4cfd41573d398c099bdba7623f70d007f916e8fe6180a4b6fd08

    • venke
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      9 months ago

      Good bot

      • ReversalHatchery@beehaw.org
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        9 months ago

        The website is garbage though, it does not work without scripts and archive.org can’t make a working archive of it, which is so rare that I suspect it’s intentional. archive.today was able to make one though

        • tusker
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          9 months ago

          It is a decentralized social network, the site is just a frontend to the content.
          It is best used with the desktop or mobile app which bypasses DNS and hosting service and talks directly to the nodes.

          https://bastyon.com/applications

          • ReversalHatchery@beehaw.org
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            9 months ago

            Ok, but I don’t want to install anything to read a linked post, because then it has unnecessarily more capabilities compared to when it’s confined to a web browser. Also, there’s no excuse for breaking archiving sites.

  • prancing389OP
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    9 months ago

    deleted by creator

    • MalMen@masto.pt
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      9 months ago

      @prancing389 post not found…

  • delirious_owl@discuss.online
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    9 months ago

    js;dr

  • hfond
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    9 months ago

    Re-hypothecation … leading to a situation where multiple claims exist on the same Bitcoin holdings.

    effectivily dilluting the as-if supply with derivatives: leveraged gains for banks.

    They are selling non-existant stuff (like with the big XMR price manipulation) – we’d need a mechanism of price discovery which distinguishes between real and paper. Monero on exchanges has the same problem. Weren’t we supposed to be delisted from this scam?

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