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RE: Defi-ing the BTC maximalist?

in LeoFinance5 years ago

I then further asked them, yes and how often do you use gold and why is it worth so much? They couldn't respond.

This is the thing. Much of the value of anything is based around the narrative of it. In the past, gold had value because it was used to back fiat currencies - now it is free-roaming with very little usecase. Yeah, it can make jewellery and some electronics. But at least the jewellery side of it makes it no different to a painting or an NFT gif.

What's the difference other than Leo creating value for their users rather than a top person.

It is about the brainwashing of society to believe that we can't generate value for ourselves, it has to be created and managed for us.

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You're 100% right.

I won't even go into the discussion we had once I opened up Cubdefi. A coin generating interest was apparently unheard of.....

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