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RE: BSC showing Why Bitcoin Cannot Be Beat

in LeoFinance5 years ago

it seemed a bit like a matter of time before some chain came in to overtake this position.

it seems steady although indeed the tokens in there are not all that..but the idea...yeah it works fresh!

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It has taken some market share but we also have to look at the trade offs, BSC is by no means decentralized it’s not got as many dApps on it it’s basically a second layer to ETH with layer 1 characteristics.

I don’t see it as a successor and it’s not really been fully battle tested both by market participants like hackers nor regulatory bodies. It

Binance goes belly up how much liquidity do we possibly have in BSC and tech support through nodes?

I’m not against BSC or saying this will happen but it’s so easy to compare based on price market cap and volume and not look at all the trade offs

Ive been looking into the BSC thing as it like dropped in it feels only yesterday. There is a lot to learn. The position for this as said felt open, but binance has so many functions now with a CEX a DEX BSC staking and all of that more that the mix up is there.

Thanks for the cautious advice for the least...lets see what happens