Decentralization my ass!

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(Edited)

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. 🍿

Posted Using LeoFinance Beta



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41 comments
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You received an upvote of 100% from Precious the Silver Mermaid!

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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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Bang, I did it again... I just rehived your post!
Week 111 of my contest just started...you can now check the winners of the previous week!
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That's so bad now another crypto failure. It started with Luna and it's repetitive !

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

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

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

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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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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!

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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...

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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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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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(Edited)

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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?

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