21 sats \ 1 reply \ @btcthinker 27 Aug 2023 \ parent \ on: @MikeOplinger's bio bitcoin
The greatest value of Eth is to generate shitcoins. When the liquidity of shitcoins dries up, you will find that the value of Eth also disappears. Think about it carefully, what is the use of Eth if there are no shitcoins on Eth?
On the main eathrum blockchain, yes I totally agree. But what I proposed was a totally separate eathrum based blockchain. In Providing credit to the Bitcoin economy through Credit Coin I suggest that it be backed by bitcoin. And in Asset Control Coin (ACC) I also suggest a separate eathrum blockchain and suggest that Credit Coin could be built on ACC's blockchain. Also ACC would be completely non-monetary, its sole use would be to create NFT's for tracking assets.
My goal with these ideas is to provide services, while not overloading the Bitcoin blockchain.
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