BASED ๐พ dude.
15 Followers
Their is reason to why they are smart ๐ค
Been busy for sometime now ๐ Had a tough exam tho but we will see till then haha ๐
candidly I feel Issues like crypto whales reflect more of web3 immaturity rather than a capitalist core you'll agree with me that whales exist because the tek is still kinda like new (not so new though, but theres still a lot of FA2FO we need to do kek) and really unregulated not because the system is capitalist. no we all know that Bitcoinโs price swings often come from early adopters holding large amounts, but projects like Gitcoin, like you said Qing, use quadratic funding to amplify small donors, countering whale influence. hmmm over time, as the tek matures, I feel mechanisms like decentralized governance (it's already kinda like in place) can reduce this inequality. unlike capitalism, where its a feature, not a bug. wrapping up I'll say whales are a problem, but theyre not proof of capitalism, theyre a sign web3 is still figuring out fairness, not that itโs built on profit driven inequality.
Small dog food or sports for the kids I no