And just like that, the only bull thesis for Ethereum is gone
Any crypto besides bitcoin has been dead in the water since their conception
Suddenly proof of work isn't that much of an issue after people started signing trillion dollar energy dealsExtremely bearish for ETH, and I say this unironically
>>61112357Bitcoin is useless. Tokenized gold solves every problem Bitcoin claims to solve.
>>61112369Tokenized gold means someone else is holding the gold for you and you have to trust them, idiot. The main point of Bitcoin is to be able to self-custody and not having to trust any third parties
>>61112386Yes, but with VNX gold or Paxgold, normie mom doesn't need to pay $30 to send $50 to her son and wait 30 minutes. And in addition, people are mostly rushing to ETFs, normies don't like to hold them themselves but they trust Black cock.
>>61112339its actually built on xrplike are you guys all morons?>https://www.coindesk.com/markets/2025/09/24/ripple-securitize-bring-rlusd-to-blackrock-and-vaneck-tokenized-funds
>>61112339> 2025> intranet vs internet > can’t see why both need to exist still
>>61112339Powered by Chainlink
It's not that hard. They're just need 5 offshore jeets at $22/hour to write an ethereum clone
>>61112339Was always going to be the case. The big players aren't going to use your shitcoin when they can just build their own.
>>61112339This has literally nothing to do with Chainlink.
>>61112386Self custody, if taken seriously aka 20% of life savings, is quite a daunting task.Best I could come up with is a multisig wallet, private keys deposited in different banks secured by a private key you hold copies of at different places.Some CCTV technician conspiring with four bank employees could still get the wallets, and is one little burglar job away from my private key. Not impossible, given that everyone knows every bank vault is full of private keys to millions that one can steal without repercussions. Even if they would know for sure who it was, they could never prove it if the burglars keep their mouths shut.
>>61112626>Best I could come up with is a multisig wallet, private keys deposited in different banks secured by a private key you hold copies of at different places.>Some CCTV technician conspiring with four bank employees could still get the wallets, and is one little burglar job away from my private key. Not impossible, given that everyone knows every bank vault is full of private keys to millions that one can steal without repercussions.>Even if they would know for sure who it was, they could never prove it if the burglars keep their mouths shut.self custody is a problem, any way you cut it.
>>61112430Replace chainlink with XRP
>>61112626This.Just store your life savings passphrase on this piece of paper bro. Just hope that your family aren't retarded and can download your bitcorns after you die bro.People don't care about muh self custody. Maybe like 1% anarcho-capitalist types, but they'll use XMR anyway.
>>61112626So you'd rather trust a CEX like FTX or Mt. Gox?
