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Emin Gun Sirer on (AVAX) Everyone who Tries It Loves It

Emin Gun Sirer on (AVAX) Everyone who Tries It Loves It

Community Trust ScoreVerified

81%
Real
Verified47 votes
Updated 5 years ago

Emin Gun Sirer expressed:  You either: 1. Become part of a giant surveillance panopticon, and build ad-powered services, in a giant corporation that is constantly collecting data and monetizing its users 2. Build independent services with bespoke business models where users control the data. That’s it. Pick wisely.

Jon Radoff expressed:  DeFi experience on Avalanche is truly game-changing. Nearly instant finality and low costs. Pangolin is perfect, and the Aave lending pools are great with their low costs on Avax. Why would anyone do anything else?

In response Emin Gun Sirer stated, “Everyone who tries it loves it. AVAX”

Pangolin is a community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution–powered by Avalanche. Pangolin brings you the best trading opportunities to find and maximize your yield.  It is very easy to scale your DeFi Trading with Pangolin.

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Aave is a DeFi lending protocol that lets users lend and borrow cryptocurrency without having to go through a centralized intermediary.  By borrowing you are able to obtain liquidity (working capital) without selling your assets. Users are mainly borrowing for unexpected expenses, leveraging their holdings or for new investment opportunities.

Community Response:  I’ve been using Ethereum for the first time the past two days. It’s been agonizing after using Avalanche. $60 transaction fee for a transfer that takes 15 minutes to complete? It seems insane after $0.50 transaction fee for a transfer that takes 1 second to complete.

In response Emin Gun Sirer stated: “This is a nice charity effort.”

Bloomberg expressed:  Microsoft’s take on the Metaverse is coming next year and will have PowerPoint and Excel.

In response Emin Gun Sirer expressed:  Look, “The Metaverse” as envisioned by “big tech” is just going to be ads, ads, and ads, combined with office work. It’s full on cringe, because this is all they know. The actual metaverse will be built on blockchains.

Community Response:  Even the blockchain concept is just silly in the near-term. That anyone finds it remotely appealing to withdraw to VR for their work, study, and social lives with no break in reality is nuts, especially given VR right now is audio-visual only and extremely motion-limited.

Sounds like someone who actually has played VR! Pretty much until everyone can afford a track pad AND a VR headset. Yeah. It’s mostly a niche or gimmick tech.

Facebook and Microsoft don’t realise yet they will be the IBM of the metaverse.  The metaverse is just glorified dopamine prisons. The actual metaverse should be built by the community not big tech.

 

 

 

 

 

 

Community Trust IndexHigh Confidence
81%
Real
Real81%19%Fake
47 community signals

James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

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