42 sats \ 0 replies \ @TheBTCManual 12 Aug 2023 \ on: Drivechains Won't Eradicate Altcoins bitcoin
I agree, altcoins killer app is profit from seigniorage, the tech doesn't matter, Its just a fun story to tell people when you sell them something you created for nothing, you could make shitcoins on liquid today, RGB or Taproot assets but you'll be using tech thats user base sees through that nonsense, so its best to stick to the crypto space where you can hide within its massive misinformation complex they have going
Drivechains are a cool technology and I would like to see how people use it and experiment with it, create new business models, but this whole alts will be built on drivechains would require VCs to give up on all the things they built and opt for DCs and I don't see tha happening