Grand Inquisitor Cicero@TheGreekGod11
☣️ The Dilemma of PulseChain: ☣️
Focus only on core coins?
↪️ PulseChain remains dead
Focus only on memecoins?
↪️ PulseChain remains dead
Ignore / do not peg peeDAI?
↪️ PulseChain remains dead
So what is the solution?
A combination of everything?
Truth is, only by pegging the first and only decentralized stablecoin can this chain prosper both short-term and long-term. That is the undeniable reality most refuse to acknowledge.
What happens if we focus on cores AND memes but ignore peeDAI?
You may get short-term fireworks, but there is no long-term sustainability. Once the bull market cools off, no one has a reason to remain on this newly built cool blockchain. Because there‘s no native stablecoin. Instead, everyone has to bridge out. In less than 2 years this blockchain will end up at the same spot it currently is.
"No, this is not going to happen!"
Oh, you sure? What happened to HEX on Ethereum? The greatest downfall in the history of legendary coins.
If PulseChain truly wants to be a decentralized hub to the world, free from censorship and government control and a self sustaining ecosystem, then ask yourself: What is needed?
A native, decentralized, ownerless, immutable, permissionless stable coin that is legal under the Genius Act.
There is only one that fits the criteria.
Yes, you could kill this coin (although it was tried 3 times and it recovered each time) and PulseChain might still get its limp dick up in the bull run, perhaps. But doing so would also mean to kill the biggest community on this chain, which would lead to an empty blockchain.
So, you see. There‘s three outcomes for you to choose from.
1) You either peg the stablecoin and get long-term sustainability.
2) You kill the stablecoin and PERHAPS get short-term survivability, but will have to both focus on memes & cores, not just cores.
3) PulseChain will remain dead.