/biz/ - Business & Finance

>>19097678
XRP is absolutely a lame duck. You're 100% correct. But it'll still be a nice bulltrap so that's a great time to dump bags if you're holding them. I have a shitload of XRP from when I was retarded and it's comfy knowing I have an exit in sight.

ETH and XTZ are both L2 solutions, and we're talking about L1. Don't get me wrong - I think you're on the right track. But the consensus layer won't be the security layer. They'll work in tandem, which means that L2 will always be an ecosystem. There's no consolidation force other than basic networking effects, which tend to settle in duopolies or trinities.

>>19097788
I have absolutely no idea why Blockstream is doing what it's doing. All I have are confessions-while-drunk from their team talking about deliberately fucking the chain for their own short-term profit. I generally don't just disregard a project lead saying his own data-security project was known to have security issues and he pushed it anyway. Lieing about that kind of thing is a lot of risk for no reward. (Even admitting it is a risk with no reward though, so even though it'd hold up in court I don't think it holds up to logic.)

You have a good mini-portfolio. If I were you I would pull from the ETH basket and invest in a few Layer 2 options. I have suicide stacks of things I think that dumb-old-money's assistants will recommend to them:

RSR, ONE, FTM, XTZ, APL, OCEAN, ESH...

These are all moonshots with different factors that contribute to their chance of success. You may find others - this isn't a recommendation, just an assertion that the L2 will experience the most income during the bullrun because it's what appeals to retarded oil heirs.

>>19097876
I played Blade & Soul with the boss's brother and he got me the job while I was bitching about living in a no-income town in a no-income state, because he's a homie.

>>19097970
Yep. This anon gets it. This is why old dumb money feels so edgy and smart. It's a trap.