Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's too high.
It doesn't make any sense.
So like if it's a new project, you wouldn't expect to have a million dollars worth of traffic.
It doesn't make any sense.
However, many do.
Finance is notorious for this.
Wash trading is you are working either because you're doing it or because somebody else you've worked with is doing it per your request to do so.
artificially artificially inflate the price and create the illusion of a market that's not really there these are not real people there's not real interest you're doing it to get interest it would surprise you to understand the vast majority of cryptos do it that are not the big ones bitcoin ethereum avax right so this is trying to ban that
Lock it down.
If you ban market wash trading, you lock that down.
Let's say they do pull that off.
If you lock that down, what would you end up with?
You would end up with a world where no cryptocurrency can effectively survive.
Period.
Unless they are able to produce a product and they are able to market that product outside of the crypto bubble.
no crypto has done it none none have pulled that off i don't care what you say world coin ain't it it doesn't count it's pumping up i'm talking real i'm talking they show up on tv with their product it is a product that has nothing to do with the crypto the product itself is a tangible product like if you think of and this is something i would love to see happen i'm closing here
would love to see happen like ecoflow i'm a big ecoflow fan in terms of the products their support is crap their software is garbage their firmware strategy sucks i like the product i don't like the software the software is horrible if you could take what ecoflow has built their entire ecosystem structure and you connected it to blockchain technology and by way of doing that using the products right
And gathering this data, gathering energy data, gathering location data, cause there's all sorts of valuable information using blockchain for that.
And you compensate customers with cryptocurrency.
That is not a stable asset.