Joydev

@joydev

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Permissionless Innovation – Anyone can build apps, bots, or integrations on Farcaster without asking for permission—just like open source.

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Is Bitcoin Legal? Bitcoin legality varies by country. Some nations fully embrace it, while others have banned or restricted its use. It’s important to check local regulations.

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Leverage Liquidations High leverage in crypto leads to forced liquidations, accelerating price drops during downturns.

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Decentralized Finance (DeFi) is growing: DeFi platforms enable borrowing, lending, and trading without intermediaries, totaling tens of billions in TVL (Total Value Locked).

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Single global state: Unlike sharded blockchains, Solana maintains a single global state, improving composability.

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ERC-20 Tokens: Ethereum supports custom tokens, with ERC-20 being the most common standard.

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Security and Privacy Bitcoin offers strong security through cryptographic algorithms, but users must safeguard their private keys to maintain control of their funds.

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