i don’t like how my posts have a price but it is illiquid. so hope does it have a price in the first place that skews how much I actually have in my account?
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i went around talking to vendors today in socal to ask about what their thoughts are on crypto. my takeaway is that because the US has an efficient (enough) dollar, the only incentives for someone to want to come onchain are to: 1. earn more yield on your dollar that outperforms hysa's 2. send money to your international relatives instantly 3. increase the efficiency of doing cross-border business so your time-to-value on a net-30/60/90 transaction drastically decreases 4. participate in the open market under 18 y/o 5. pay for something where you want to be anon
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Genuine question: when you make a post but then you get tokens with a price, how does the price get computed given there is no liquidity on the other side to sell into?
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