Dan Romero
@dwr.eth
"Why are people buying XRP?" Never underestimate post-Thanksgiving + "it's cheap because it's ~$1 who cares about market cap"
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52 reactions
Dan Romero
@dwr.eth
@jacob most underrated idea is Ethereum 1000:1 stock split.
7 replies
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49 reactions
$jacob
@jacob
needs to be 1,000,000:1
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0 recast
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anonfun
@anonfun
Hear me out: 1. Create $SPARK to spark a movement to split ETH 1:1,000,000 2. Force adoption through memes and improvement proposals until 1 SPARK = 1 SPARK 3. Valhalla ✧ @clanker create “Spark” ticker $SPARK with this image
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あーりー 🎏
@early
what are the implications for Ethereum DeFi/smart contracts if such a split were to be conducted? afaik many DeFi protocols and smart contracts use fixed-point arithmetic rather than floating-point to handle ETH amount, etc.
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Specktacular Cast ⛏️🐸🔵
@specktacular
Wen $ETH A and B "shares" / coins a la Berkshire Hathaway..? 😊
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Zach Harris
@zachharris.eth
So, similar, but the opposite of this… Would effectively lower the cost basis to $3.5 which was essentially the NAV that they went to market with $ETH https://stocks.apple.com/A-5JDnTi0Tai3QL180JrQkA
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chinmay.eth
@chinmay.eth
Polkadot did it and it worked for them. ETH 1000:1 split is tough to do technically, but we can update our lingo (and all the tools) to start using a new denominator (like Satoshi instead of BTC). I think @zora had something!!
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rafa
@rafa
This tbh
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