Decentralization my ass!

in #hive-1679223 years ago

Remember when crypto was all about decentralization, being different from banks etc etc?

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Fuck that shit. We are afraid number will go down so say bye bye "temporarily" to your assets Mr whale! Ridiculous..

And that's why BTC will always be king and you better always hold some. BTC maxis may be a bit a cringy but you will never be rugged or whatever. And to be fair, for the average clueless joe their advice is safe and works!

Countless rugs, terra, celcius, now this shit... and the bear has just begun. 🍿

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👌😂

Kissing my Solana goodbye.

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Nfa 😂

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Yeah these secondary chains have huge controlling and centralization issues. Not to mention downtime, still high fees and bottlenecks they are far from the second layer 2 solutions we were hoping for.

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It's definitely not a good one to experience at the moment

haha The person's a whale should vote against them.

meanwhile in Mordor
e95e607f98f91a57219a351144d57cfe_1_

Lmao 🤣

This is quite the news... Surprised I missed it. They've already set themselves up for failure if you ask me

Simply wow! I'm glad I never tried out Solana. Blockchain halts (or whatever they had), now taking control of whale's funds (and I assume they weren't "ninja mined" and having a special purpose within the community). Not looking good...

Reminds me of steemit 😂

you mean discount season has just begun :)

Loading up BTC and ava!

The good thing is that these projects eliminate themselves with such actions😂😂😂

After the last fall οf BTC, it is the first time that I bought some of it! Maybe I will repeat it if it ll fall below 18K. Solana stinks by far that is a scam! For me i so high price in so short time, with so centralized distribution and every three months on shut down! Surely no!

All of this in the name of “safety” that’s not actually there. Emergency my ass. Selling my one Solana the next time I can make the money back that’s for sure!

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Yeah it's a joke....

Crypto is no longer about what it was designed for. We don't even have yet a world wide crypto payment system. That doesn't mean everything is lost, but we might have focused on the wrong stuff.

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The future is doge!

Word.

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From what I read it seems that about $1M of funds voted to take over 100M of funds... To be fair I think they posted a proposal today that would reverse this whole ordeal.

Not surprised though. Solana was always a meme anyway.

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Heard it was reverted... Thank God

Turkey is making a huge business selling these rugs to crypto investors!

Turkey?

ah yeah., Persian ones from Iran! lol

Ohh geez. Now I get it. 😂😂😂😑

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I think that is a bad thing and I guess the token distribution isn't good enough. Did the largest whale wallet agree or is it an account held by the people running Solana?

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No idea, apparently this shit decision was reverted today..

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Watching those between research what my cat wants.

Please dump on us, oh wait we can " protect" the chain with blocking whale to sell!

Wow such good chains :D

Bear market will be entertaining!

Btw you like the pussy?

We're starting to see all these epic fails from these projects these days, it's bad aura for Crypto in general.

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whats wrong with Epic Fails ?

Epic farts?

are you speaking Fart?

I am

That's so bad now another crypto failure. It started with Luna and it's repetitive !