@kdotcrypto

If BULK rolls out 24/7 equity perps, why do institutions ever trade on perp DEXs?

Might be a hot take from a perp dex founder but the thing that scales the easiest beyond crypto is not trading/financial apps… It’s a consumer app

EVERY WEEK I LOG ON TO CHECK MY AUROS THIS WEEK I THINK OK, THIS IS MY WEEK BUT WHAT DO I SEE? NOT A SINGLE BLOODY AURO THESE DIGITAL GROOMERS SHOULD BE IMPRISONED 🤡

Can’t believe there’s still arguments what permissionless means If you cannot spin up a validator, participate in consensus and contest the state… you are on a permissioned infrastructure A growing and distributed set of validators does not increase decentralisation unless they are all equal participants HL is a great product, but calling it permissionless is completely false. Onchain? Yes. Self custodial? Yes. Permissionless? No. Decentralised? Not even close. We can debate about what matters, but you cannot redefine meanings of words to suit your own narrative

Programmatic buyback and burns are not a good use of company funds HL did well because it’s good product, but it’s not why the company is successful This is proven by literally every other company that has tried this and failed to see any meaningful upside to their token