unbound ๐ ๐ฉ
19.4K posts
@JS_unbound
landholder. decentralized crypto c 2013. barbell investment strategy. me manage billions in CRE IRL. learn and share.
By the way, my answer to the next simple question, "Should Cardano skip Singapore Token 2049?" is NO. With Dubai Token 2049 cancelled, there's certainly a lot of attention on Singapore Token 2049. I don't think skipping it would be good, either in the short or long term. I think many people would agree with this. But...The focus of disagreement regarding this governance action will probably be on how the event is run and the cost. I'm still neutral; let's continue the discussion๐
Honestly, I feel the funds could be better spent on funding a network of offices globally that operate like our Buenos Aires office with biweekly events, hackathons, community aggregation, and venture incubation. For the cost of this proposal, 5-6 offices could be run for a year including staff. We regularly have events of 100-200 two a month in BA with the Pythathon being the most recent. We have to grow the base and spread the good word, not have expensive parties with the converted.
Binance CEO @cz_binance says the crypto industry is too transparent: "I think right now the crypto industry is too transparent. It's actually extremely easy to track crypto funds. The blockchain is a public ledger. If you couple that with a few centralized exchanges, KYC information, you can track most of the transactions pretty accurately. So I think right now there's a lack of preserving of privacy." "For example, if your company pays everybody in crypto and if you get one payment today on the blockchain, you can just trace to the address that paid you and see how many addresses that address paid in the last week, then you can figure out everybody's salary. That's a privacy issue." "Another example, if you pay for a hotel [in crypto], then people will know that you're going to stay at that hotel, which for some people may create security issues. So there's little problems like those that are not solved yet."
Honestly, I feel the funds could be better spent on funding a network of offices globally that operate like our Buenos Aires office with biweekly events, hackathons, community aggregation, and venture incubation. For the cost of this proposal, 5-6 offices could be run for a year including staff. We regularly have events of 100-200 two a month in BA with the Pythathon being the most recent. We have to grow the base and spread the good word, not have expensive parties with the converted.
This is a VERY strong reaction from the Cardano community to the @Cardano_CF and @emurgo_io treasury requests for the @CardanoSummit and #Token2049 this year in Singapore. It's a lot of ADA at today's prices. 14M ADA! I'm waiting for your comments...
Claude Opus got lobotomized
