nii236

I’m talking about Loopring itself

This is a great point.

I’ve recovered from my Bitcoin maxi days, so I hope things move forward in the industry (namely, the normies learning about ETH)

I tried to like Loopring, but their L2s were hardcoded circuits rather than zkEVM which the Polygon and Matterlabs team (and Starkware to a lesser extent) are pushing ahead with this year. Allowing the community of third party developers to contribute value (sound familiar Reddit?) is going to make the whole L2 space to gangbusters.

As it stands now you can’t do much with Loopring except what the first party devs have built, which is basically a standard excahnge.

DeFi has added some real value for both project creators and users, not just for myself. I’m not talking about the ‘money making, profit driven’ side of value either, but utility, capital efficiency, flexibility, new financial primitives as well.

All sorts of crazy innovation that you shouldn’t just hand-wave away as a scam or redundant.

I guess it depends on your time-frame and your risk profile. BTC/ETH over the medium term has done much better than pretty much any other asset in the world. Altcoins didn’t even factor into my brain when I made that comment.

A lot of controversial comments. Here are some of my observations:

• Not a single mention of decentralised finance/DeFi in the comments, which is a game-changer.
• A lot of outdated information or misunderstanding of recent developments in the industry
• A large focus on scams and crypto bros, who are the loudest but definitely not the majority

The L2 experience is quite poor at the moment, which is more an indicator of how bright the future is

Not recommended though, RPIs aren’t really suited for production, plus I think only Nimbus runs well on RPIs?

It was kinda shocking how negative public sentiment is. I am deep in crypto world so I am used to much more positive feedback on the stuff I am working on, because I guess I mostly hang out with crypto people

Gambling except the expected value is higher than 0

Now that I’m seeing more third party apps popping up, I wonder if there is appetite for a native desktop app