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SAL
Nomad Capitalist
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Comments by "SAL" (@SAL-fs1mr) on "Why Michael Saylor Says Bitcoin is the Best Asset Class Now" video.
If you want an altcoin that's completely controlled by a single company, yes, Ripple's xrp is the way to go.
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@homeiswheremyhouseis5517 nah, that's incorrect. Ripple is the central point of the xrp network because they manage the UNL.
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@homeiswheremyhouseis5517 yea, but you always need a dominant centrally managed UNL, otherwise consensus will fail if everyone is following different lists of nodes.
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Bitcoin just leverages the new tech to keep it the dominant asset.
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Those altcoins have dev teams that easily manipulate the protocol rules. They call them upgrades, but don't kid yourself. Bitcoin is the pristine digital asset.
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@pedrof3364 thanks for clarifying that you like centralized control of your altcoins.
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@jmadventures9830 if you like having a dev team that keeps changing and manipulating the monetary policy, then sure.
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@jmadventures9830 I highly doubt it. Things are irrational during a bull market. Look at doge for example.
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Ew, centralized company altcoin, no thanks.
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Altcoins are less pristine assets compared to bitcoin.
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@janschwieterman7748 still way more than assets controlled by oligarchy (that's what proof of stake amounts to).
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