COINBASE for Crypto has come

Clinamenic

Clinamenic

Binary & Tweed
You can have a self-driving organization wherein no human has bureaucratic authority over another human. Of course, you can still have hierarchy in a DAO if you want.
 
Clinamenic

Clinamenic

Binary & Tweed
It also calls into question this notion of self-abolition: If a group of developers need to assume authority in order to bootstrap a fully functioning DAO, how do they go about dissolving their authority once such functionality is programmed into the DAO?

Much less of a dilemma than the dictatorship of the proletariat, it would seem. In the case of DAOs, it seems quite feasible.
 
Clinamenic

Clinamenic

Binary & Tweed
Clinamenic said:
Right now I'm planning a decentralized intelligence agency where OSINT researchers can collaborate and be compensated in stablecoins, but I'm pretty much starting from scratch in terms of learning how to code it.
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In this case, there would be hierarchy though, and credentials that take the form of non-fungible tokens. But the processes for earning these credentials would be open for anyone with the time and skill.

I just need to flesh out some more basic conceptual stuff, then go about developing it or finding people to help develop it.
 
Clinamenic

Clinamenic

Binary & Tweed
Yeah that Gibson quote about the future being unevenly distributed is especially true with blockchain and its derivative technologies like DAOs. This stuff is maybe 10 or 15 years away from being among commonplace best practices across virtually all sectors.
 
Clinamenic

Clinamenic

Binary & Tweed
Even the institutional investors, who think of crypto as a new asset class, aren't seeing the whole picture. Really its a new paradigm for assets most broadly.
 
hmg

hmg

Victory lap
Clinamenic said:
The token is on Uniswap, but I'm not sure how polished the project is.
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Yes, I have 525 of them, came close to selling but I'm going to hold.
I won 40 million $ACYC over the weekend too.
Web3 is raining money right now.
 
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Clinamenic

Clinamenic

Binary & Tweed
This case I haven't looked into, nor do I know if it's been audited at all, but technically speaking its not far fetched. So in short, I'm not convinced either way.
 
Clinamenic

Clinamenic

Binary & Tweed
Similar to KlimaDAO and tokenized carbon. Again I don't know the auditing situation, but these things certainly aren't too good/idealistic to be true, especially if there is value to be realized.
 
Clinamenic

Clinamenic

Binary & Tweed
Clinamenic said:
This case I haven't looked into, nor do I know if it's been audited at all, but technically speaking its not far fetched. So in short, I'm not convinced either way.
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I suppose I should've given this disclaimer alongside the link. I just saw it, and within moments threw the link here.
 
Clinamenic

Clinamenic

Binary & Tweed
Tether is suspected to be one of the iffier projects across crypto - which is really saying something - and this report details the issuance and economics of their stablecoin, USDT

protos.com

Tether Papers: This is exactly who acquired 70% of all USDT ever issued

We catalogued every USDT distributed by Tether in the past seven years to present the most transparent research on the stablecoin to date.
protos.com protos.com

I've used USDT several times, primarily as a mediator between other assets, and I've sent a total volume of $10k - $15K USDT, and have had no problems regarding stability. But as I understand it, the scrutiny is more about the issuance and backing of the asset.

USDT is the biggest stablecoin by market cap and by trading volume, and is the largest crypto asset, period, by trading volume. The crypto ecosystem at large depends heavily on USDT, it would seem.
 
W

wg-

°
Clinamenic said:
Tether is suspected to be one of the iffier projects across crypto - which is really saying something - and this report details the issuance and economics of their stablecoin, USDT

protos.com

Tether Papers: This is exactly who acquired 70% of all USDT ever issued

We catalogued every USDT distributed by Tether in the past seven years to present the most transparent research on the stablecoin to date.
protos.com protos.com

I've used USDT several times, primarily as a mediator between other assets, and I've sent a total volume of $10k - $15K USDT, and have had no problems regarding stability. But as I understand it, the scrutiny is more about the issuance and backing of the asset.

USDT is the biggest stablecoin by market cap and by trading volume, and is the largest crypto asset, period, by trading volume. The crypto ecosystem at large depends heavily on USDT, it would seem.
Click to expand...

Ive used Tether in the past as well but i would be very surprised if they genuinely had all the money to back them up that they allegedly do

Have you ever read about Dauphinot's attempted coup in Brazil? Pretty good story

If Tether went under it would destroy the market for a bit, probably something on the scale as Enron realistically
 
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