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Leicester

๐Ÿ‘ค Person
404 total appearances
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Podcast Appearances

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

And I want to say this was a couple months back.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

So the story with this canine finance business.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

March I want to say March 2024 is when the thing showed up and it was going to be an official project on Shibarium and I didn't go deep into everything that it was going to be doing the important points is that it was going to it was a validator it had its own token or has its own token it has a DAO it has all this framework but it was supposed to be offering these types of

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

you know, real products that were going to be powered by Shibarium, which people thought would add strength to Shibarium as a use case by having at least one that was proving out Shibarium as a blockchain, as a viable blockchain.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

That was at least the thought process back then.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

So there was a lot of hype and everything.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

And then they put out an announcement that said,

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

shatoshi scented book and call daria who i from what i could tell car still call is still in charge as of now i don't know because again the blog hasn't has been dead since october but these two were going to be you know advisors or whatever on their board or something for this canine now when i looked at that i i figured that was sketchy

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

I think the community thought it was a good thing.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

I didn't think it's a good thing because when you think about, I have this product over here, let me give you a good analogy here.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

Could you imagine if the government entities that created the freeway infrastructure, the original freeway infrastructure, if you could think that on that government agency that oversaw the construction of the freeway, you took two people who were in high authority

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

in that government agency and you put them on the board for Ford, that rhymes.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

Can you imagine the conflict of interest there?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

Think about it, right?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

You have I'm building a freeway infrastructure for your cars, and I'm going to take these people who are in charge of everything it takes to make that freeway happen, including safety.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

including number of lanes etc and i'm going to take them and put them on the board for ford and we say now these people are guiding or advising or directing or whatever they're doing for the very cars that are going to ride on the freeway what's going to happen naturally you're going to have some sort of influence over the direction of the freeway system

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

Then what happens means the freeway system is aligned towards one bias, which isn't that kind of, let's say cars, right?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

And not trucks and not bikes and not buses, right?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

You're not thinking in everybody's interest.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The Collapse Of The #SHIB Ecosystem, K9 Finance Reaction To Recent Problems (OOC)

You're thinking in your interest.