DEFI

otakudiary

You borrow against your bitcoin and earn enough money in DEFI to cover your daily expenses. then you can quit.

Expert-Detective-525

Kendu is bridging DEFI and IRL so well. For a coin around 12 million to have all these IRL intiatives is absolutely outsanding and preposterous. The Kendu Wave will be talked about for years

otakudiary

I’m retiring w/1 btc, will let you know how long it lasts. i’ll throw it in DEFI for sick gainz

Kike328

but it cannot parallelize transactions when they are 1 to many, for example DEXes and many DEFI, that’s the main limitation of hydra with eUTXO

Kike328

hydra works properly, just not for DEFI, because the eUTXO limitations

Kike328

charles, where’s the scaling you promised so long ago? your blockchain is a desert for DEFI because the scaling issues

JohnBITbigcoin

Bitcoin already has a know. fork to protect and make it quantum proof do yes it will and also it is upgradable as new threats come available. Where the wealth is is where the network will be & bitcoin has too much riding on its back already, I kniw most ogs like me dont agree but I have been in xrp since a dime and enjoying my 23-36x so where so many banks use and now defi is live on it i di believe the coins will be as follows. BITCOIN Ethereum Xrp Solana LINK SUI ENS *( 30 YRS) UNI,AAVE,COMP DEFI LP / YIELD BNB i believe after a crazy dip when it becomes more decentralized will still be around & kinda took over where neo fell I do believe that we need a couple strong privacy coins & lite coins could take this niche

DifficultyMoney9304

It literally has hundreds of billions of raw stablecoin value stored on the network + around 50 billion of crypto stored on the network all mainly used for staking as validators on the network or DEFI protocols etc. Hardly has any utility though. We are still so early in terms of this technology being used extensively. Just remember it took the internet over a decade to become publicly highly used. Blockchain tech is approaching that decade mark excluding bitcoin.

DifficultyMoney9304

Eth is a smart contract decentralized network that i beleive will have future use cases outside if the current DEFI use case. Bitcoin does not have these abilities. They're not really the same at all. Bitcoin has the "digital gold" narrative running for it which is sticking as we as a society clearly value it despite its lack of actual use case. Similar to gold.

JohnBITbigcoin

I find it comical that noone utilizes defi which is the main attraction of crypto !! Let's become unbanned. to sit on bags of crypto !! If you git in at all time highs you could still be up if your crypto was properly managed & this is why I have a bright future in managing assets . The cryptosphere is the next horizon!! Contact me for 20-15000% returns and you can see by my active pools & smart contract addresses ... Look at liquidity on BEEFLY FINANCE *( GIVES ALL DEFI APY)

JohnBITbigcoin

You ok ?? Crypto is the best performing asset in history, the get rich over night people lose , it's in everything not just crypto , I been trading & investing in crypto since 2017 a d do not think anywhere other than half mil in voyager/Celsius losses , Every actual project invested in has yielded over 6 mil in now high yielding defi . YOU CAN GET 1500% RETURNS IN SOME DEFI , MY QUESTION IS WHY USE SACINGS ACCOUNTS WHEN SUI , UNISWAP , AERODOME, VELODROME FINANCE RETURNS 10-150000% APY ???

Kike328

ADA has no economic activity as DEFI is almost inexistent due to its inability to scale properly. Hydra and those things are not compatible with DEXes so projects are not deploying on Cardano

Expert-Detective-525

Yeh it is really great, all credit to Lorniko. Bridging DEFI to IRL is a monemental yet very difficult task but it will be crucial when attracting retail

biba8163

You seem upset because you fell for ETH memes. May I remind you that ETH is at January 2018 levels? It's kind of hilarious you were making fun of EOS being at 2018 levels in 2020 but it's 2025 and ETH is at January 2018 levels. > May I remind you EOS is still at December 18 levels? It kinda sounds hilarious https://np.reddit.com/r/eos/comments/iytvmp/aw_look_at_little_eos_just_being_eos_so_cute/g6iyizi/ Looks like you fell for the DeFI meme... > Ethereum and Eth-based DEFI projects will explode guys. Finance 1.0 is over. (2020) https://np.reddit.com/r/collapse/comments/ha0ccw/us_dollar_what_do_you_think_will_be_breaking_point/fv089ex/ Let me remind you that Trading Shitcoin tokens is NOT finance. DeFi is a bullshit scam narrative from the Summer of 2020. It's not neither decentralized and it's not fiance. DeFi is ScamFi: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

rvonm

Cardano enabling Bitcoin DEFI (as well as other UTXO currencies). Put your money in both BTC and ADA and enjoy the rewards!

timbulance

DEFI FM 68.8 with Buzz Shipman.. listening to Phil Ledger - Cum On My Wallet

pitchbend

That's bullshit. Crypto and specifically DEFI has many successful protocols across many blockchains generating billions of value via fees and yields. Bitcoin is cool and all but ignoring DEXes, Uniswap, Hyperliquid and all the volume and fees (value) they create is moronic.

vattenj

The problem is no real life usage. Previously all ICO/NFT/DEFI etc is for the purpose of money laundering and hide trace of large transactions, but that usage is getting less and less possible due to stricter AML measures and smarter police chainalysis Bitcoin has a very clear value store use case, but to compete with that purpose is not easy, since any other coin would be considered an inflation in crypto world The world computer and smart contract, staking ability looks nice but still lacks real world application that really benefit from it. I think staking is a good use case, but the high capital requirement is a problem

simmol

Back in 2017/18, the ICOs and the excitement about extending the blockchain technology to every face of life was really genuine. Also, back in 2021, the DEFI, NFT, Metaverse, etc. all added to genuine belief that blockchain technology is becoming mainstream. I think there is nothing like that this cycle as everyone realizes that alts are pretty much not going anywhere. So while there will be some relief (similar to November of 2024) some point in the future, everyone will be looking to sell their bags this cycle. And as such, the alt season won't be as prolonged and big this time around and it will be the final alt season as alts are dead in the long run.

reed5point0

have not looked at Coingecko, but have been having a blast on Bull vs Bear [https://x.com/bullbear\_zone/status/1894127793342222513](https://x.com/bullbear_zone/status/1894127793342222513) I tried to share this when it first dropped, and everyone was like "GTFO I'm not connecting to that!" and I get it, it looks degen AF But it's actually powered by Mars Protocol on Neutron Here's a COSMOS founder even flexing their position of ATOM vs BTC in it. Sure it's Zaki but hey...it's a founder.. [https://x.com/zmanian/status/1902383085116616943](https://x.com/zmanian/status/1902383085116616943) It's such a novel concept, but easily one of the cooler apps in DEFI

IDGAFOS

How do you figure...? Crypto enables agents to have bankroll and participate in DEFI... How are they going to KYC anywhere else? It's the perfect application. Sure, the meme AI agents don't, but stating this is pretty ignorant.

Giuggiolagiratopa

There is no right answer, you should decide for yuor situation: 1. make DCA buying during the dips any amount you consider good 2. Buy everything now and put new fund until reach the Goal Nobody can say when the price will increase, but surerly FIAT supply is going to increse drastically, consider the new REARM EU act. Stay tuned on news and stacks as much you can. I personally advise DEFI exchange like Bisq make your own reserch how Bitcoin works and ask on **r/BitcoinBeginners info about wicth wallet use ect..** Rebember is never late to adobt a better new technology, the last time was yesterday, Now it's the second best moment.

Antique_Wrongdoer775

Ok, I haven’t gotten to the level of understanding DEFI

Professional-Time-50

Crypto is the absolutely riskiest investment in existence today. With that very high risk there is opportunities to make insane money compared to other markets but with that high risk also comes the risk of fast and furious losses unless you are willing to wait few years and you picked reasonably well known and respected coins and still the risk of loosing it all is always on the table in more ways then one. I can't tell you the scams, the rip off wallets, the empty promises DEFI's and the wrong choice of coins I have gone through in the past 8 years. Its a lesson like no other. I have been doing this since 2017. Every single time I put money since day one in Oct 2017 into crypto I always strongly considered the possibility of loosing every single penny of it and its the same for me today. I have made amazing profits and cashed out fully at one point or another, larger then any other markets I have ever been in, but every time I get back in with $100 or $10000 I still always consider that its a lottery or a casino and that money might never come back. If you adopt this type of attitude then days like today are really not much of an event. At this point I am willing to loose a bit more so I will buy in today to add to my current "lost cause, high hopes" beg that has proven itself to me over and over again and made me great returns in the past. It is that casino mentally that keeps me coming back in but the saying "only invest what you can afford to loose" could not be any more true or real when you invest in crypto markets.

JustStopppingBye

>XRP has a **clear use case**—solving cross-border payments with lightning speed and minimal fees. No it doesnt, that use case was made obsolete with the introduction of DEFI and stable coins. >Once XRP is fully recognized as a non-security, we could see major relistings Opinion and cant actually prove this. >Central banks are increasingly looking at XRP as a **bridge asset**  False, no central banks will ever use Ripple as a bridge asset. Again, their bridge asset idea became obsolete with the introduction of DEFI and stable coins. This narrative is still pushed by rubes who dont know anything about blockchain. > SBI SBI ripple Asia\* Theyre investors trying to push their trash. >Bank of America No proof of this.

Prior_Form

Btw anyone who is telling you to get into meme coins as a new investor is tricking you. Anyone with 6 years of experience isn’t going to tell a new investor to make such silly investments. Crypto is indeed an investment, do not allow anyone to say otherwise. There is a mass adaptation of the assets as of now and huge future plans with DEFI. As new investor think, what will be here in 20-40 years from now and tackle those.

bleudefact

The whole world was let to believe that USA will become the Hub for Crypto Innovation DEFI. Instead, a few grifters made lots of money creating worthless Memes and rugpulling everyone.

Vizion400

ICO NFT DEFI ETF Same sh1t , different names

Kehmor

Depends what they mean. When I hold stables (such as now) I generally whack them in a liquidity pool (USDT and USDC) and farm whatever random DEFI coin is being used to encourage liquidity -getting "30%" which may well end up being lower if the reward token tanks, but seems unlikely either of those stables will go to zero.

Agitated_Custard7395

Tarriffs going ahead Interest rates staying flat Cryptos reputation shattered by Trumps meme coin No real crypto narrative, DEFI, NFTs, PTE Games, Metaverse all dead

Ok_Application2481

Maybe… but buying 10 coins to have one double and the rest flop is similar to buying Eth and having it go up modestly (and still very likely underperforms just buying btc.) Solana is trash and likely going back down to $20 imo. When I saw their transaction times still posting activity when the entire network was halted, I don’t trust anything to do with that network. Certified mail might be cheaper, but using AAVE (or some other reputable DEFI) is cheaper than a bank (fees-wise including crypto costs.)

DarkenNova

He's a moron and that's way too late. It would imply L2's rollback, DEFI problems... He sould thinking a bit more before saying stupidities

DifficultyMoney9304

Defi revenue to mcap is pretty on par with tech companies.. Alot of defi protocols function cross chain though. Uniswap, aave etc. So aren't exactly tied to one layer 1 ecosystem.. though obviously tied to the succes of crypto as whole. I know what you mean about being able to survive more than one cycle - once liquidity gets sucked out of this asset class during bear markets which ever applications and protocols survives shows it has tangible value. I don't know man DEFI applications that have been around more than this cycle and are producing pretty substantial revenue seem to all be pretty undervalued in my opinion. It's almost like the base layer 1 chains have some premium added to the price of them that defi tokens don't get. Do you reckon defi will be an outperformer going forward? If not why?

DifficultyMoney9304

There's plenty of DEFI applications that are trading at small valuations compared to there earnings (Price - Mcap to earning ratio) compared to layer 1s and even tech companies are.

zesushv

To be fair to prediction platforms it is not easy to forsee how 3% of the world's population will react to an asset like bitcoin. For your safety and sanity, the best approach will always be to buy bitcoin when you can afford to lose. Do not gamble, do not over spend. if you are to thread on the path of optimism, you can then dig deeper to find out that the 3% is slowly growing and currently around 7% of the world population is into crypto. I am 70% certain 2% of that figure is actively in memecoin trade, which is why most memecoin still get attention irrespective of the frequent rugpulls associated with memecoins. Back to Bitcoin, looking at the innovative and DeFi aspect of Bitcoin you can expect that 3% to hit 4 or even 5% in 12 or 24 months. Whether that 1 or additional 2% will come from the general crypto 7% can be anyone's guess. With Bitcoin's ETFs still growing fast and interoperability solutions making bitcoin available to [DEX](https://np.reddit.com/r/zetablockchain/comments/1376kop/defi_amm_platform_towerdefi_now_supports_twstzeta/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button)/DEFI platforms, bringing back investors confidence outside the centralized exchange circle, we can confidently say; **WE ARE EARLY**. Whatever you choose to do with the above gibberish if you can make any sense of it, is entirely your choice. For me, Bitcoin is a long term asset and only those who see this truly knows what to expect.

dasmonty

What does this DEFI shitcoin rodeo has to do with bitcoin?

Numerous_Ruin_4947

Bitcoin can't do DEFI natively. At least not like Ethereum. Compare the TVL. [https://defillama.com/chains](https://defillama.com/chains)

R4ID

#part 2 #5 >Jed didn't "lose" the lawsuit, Ripple Labs got an order to freeze his money because he was selling and they were worried about the price (if that doesn't scare you it should). He got all his XRP back, and continued to sell it all off, as per the agreement he made with Ripple Labs, if he "lost" the lawsuit, I'm fairly sure that wouldn't have happened! He was found in breach of his contract and had to sign new terms which directly limited his sales for years. he was forced to donate the majority of his funds to charity instead of keep them for himself.... I wouldnt call having to give away hundreds of millions of Dollars instead of being able to keep it a "win" #6 >Congratulations, you understand DLT's, here's a participation medal. You can create a shitcoin in 5 minutes that has those properties. then why havnt you done it? its such easy money and so simple to become an instant billionaire according to you, hell Ripple already released all the code, why not just copy it and do it yourself? you know the answer is because its not that simple. >The fact they built a functioning DLT isn't new, or special. In 2012 it was a brand new solution to the doublespend problem which had no PoW to waste electricity as its security model. they invented DEFI, the DEX, issued assets on chain and Stablecoins all before they were even terms in this space. They're still here more than a decade later developing ecosystems, improving crypto and fighting for the space as a whole in the courts at the cost of their own dime. You're telling me you think that isnt special? lol. >The fact it has some decentralised aspects, doesn't mean that Ripple Labs (the private company) doesn't have ultimate control over it, PROVIDE AN EXAMPLE OF THE CONTROL YOU CLAIM THEY HAVE. YOU STILL FAIL TO DO THIS REPEATADLY. >sure you can run a validator if you're a complete regard, but it serves no significant purpose. My validator from 2018 begs to differ. >When Ripple Labs provides a list of "recommended" validators, and validators serve little purpose, it's easy to control, useful idiots that run them just help the lie that it's decentralised. Ripple labs doesnt control the dUNL atm, you arent required to follow the UNL they publish, validators are required in order for the network to function, you cant demonstrate any control over the validators. like this isnt hard. "prove it" and you fall on your face. do you hear how dumb you sound? #7 >And lastly, nobody cares if they only have 43% of the total then stop saying they control half and I wont have to correct you. Again this isnt hard, you say something thats a lie and I say "prove it" you're unable to do so because its a lie, so you ramble on about other nonsense which was never my position or isnt important at all if you understand the topic (which its clear you dont) > they literally started with 80% of the supply, IIRC ~79.8%* technically. but I would forgive such an error. >whatever they have left just goes to show how much people are willing to buy from them. I mean it's not even something to brag about, it's a scary thing for one private company to have such a huge amount. "oh no mr giant fintech company please dont try and increase the value of ur holdings" do you hear how silly you sound right now? them owning a literal war chest is a benefit. Ive retired myself, my family and my children will never have to work if they dont want to because of it. >Idiots buying XRP are just giving their money to Ripple Labs Except for the judge who specifically said they arent. so you know, theres that. >sure the price may go up or down, but in the long term, the only winners are Ripple Labs because they can sell these coins and keep the profits to grow their own business. made 8 digits and im somehow not a winner. lol #8 >One of the best gainers? It's all about the timescales you choose. for sure it depends entirely on what timescale you choose, thats why I specifically gave you a timescale. I dont think you would disagree that when people invest in crypto, there are ones that are "blue chips" and ones that are just straight up gambling. in general staying in the top 10-15-20 is usually a stronger idea which although still has major risks, would be "less" risky than buying a coin outside the top 100 for example. so as far as the "blue chips" its returns have been better in recent years. therefore I said what I said and it is correct. if you wanna argue about how 7.2 years ago the return is better for XYZ, you can keep walking because thats not my claim or an issue. Someone might want to sell you some $TRUMP. The only reason Ripple has gone up, like the majority of the market, is Bitcoin. Bitcoin is dragging everything up when it goes, and some pump, sure, but when bitcoin was breaking it's ATH's, Ripple still didn't surpass it's 2018 high. In 2018 when Bitcoin was £20k, Ripple hit near $4. In 21 when Bitcoin got just shy of $70k, Ripple was HALF it's ATH. When bitcoin hit $108k, Ripple still didn't reach it's ATH despite Bitcoin doing a 5x. Ripple was on it's arse before the last Bitcoin pump, while bitcoin was sitting around it's previous ATH. >Ripple still didn't surpass it's 2018 high. and yet its return was several % higher. because when you drop to 11 cents and then go to 3$ thats much better than going from 50k to 100k. >Ripple still didn't reach it's ATH despite Bitcoin doing a 5x. XRP* Ripple is the company, XRP is the asset. I know basics are confusing to you but I just cant help myself with correcting this one. You're right Ripple didnt break its ATH while bitcoin did a 5x. XRP however went from 11 cents to 3$, which is much more than 5x. so ur point is moot. remember when I said this was a prime lesson in https://en.wikipedia.org/wiki/Brandolini%27s_law#:%7E:text=Brandolini's%20law Also Im going to ask a 3rd time now (because I already know the answer) Provide a theoretical or practical example of the "centralization" that you claim is there. Show how Someone can doublespend Show how Someone can reverse transactions Show how Someone can create more XRP Show how Someone can censor a user from the network Show how Someone can force a code update on the network. You either can answer this basic question or are caught in a lie. put up or shut up

Numerous_Ruin_4947

You're wrong about ETH. Look at ETH's TVL compared to BTC. BTC can't do DEFI like ETH can. BTC is a meme coin itself. [https://defillama.com/chains](https://defillama.com/chains)

MinimalGravitas

> CELCIUS, VOUYGER, FTX, 3AC None of those were DeFi platforms, they were all Centralized services where you gave assets to a company and trusted them to pay you interest. Kinda the exact opposite of DeFi. > TITAN, LUNA Titan/Iron and Luna/Terra were both unsustainable algorithmic stablecoin platforms. They were mostly 'DeFi' to be fair to you, but in both instances people who understood them were warning people that there wasn't an onchain source for the rewards that were being paid out and so it could only possibly end one way. > you’ve got to be mental to use any DEFI platform nowadays The whole point of DeFi is the user should be able to see exactly where their assets go, what happens to them, and where any rewards come from... e.g. if you look at AAVE you can see that the interest given to lenders comes from the interest paid by borrowers. In Uniswap the returns you get from providing liquidity come from the transaction fees paid by people swapping. All the code is open source, the chains the platforms run on are public, if you are concerned something is going to break you can examine it yourself, rather than just lump everything into irrational categories and tar it all with the same brush.

Agitated_Custard7395

TITAN, LUNA, CELCIUS, VOUYGER, FTX, 3AC, and soon to come THORCHAIN to name a few, you’ve got to be mental to use any DEFI platform nowadays

MR_PRESIDENT__

There’s a lot of alts that aren’t memes that have value outside of the BTC narrative, no? LINK for financial institutions. GRT for blockchain indexing for DEFI platforms. Just because they aren’t making you money atm doesn’t mean that they don’t have real world value.

Agitated_Custard7395

Took money away from “real projects” What is the current crypto narrative, now that DEFI is dead, Privacy coins are dead, NFTs are dead, Metaverse is dead, what problem are they creating that they can pretend to solve now?

Alfador8

> shitty DEFI token that no one will use What do you mean? I'm sure his supporters are savvy enough to navigate the world of defi. *And* I'm sure that crypto natives are chomping at the bit to use a defi service with Trump's stamp of approval.

LargeSnorlax

The real wallet is WLFI - https://intel.arkm.com/explorer/entity/worldlibertyfi Neither are Trump, they're assets managed by scam artist teams But you're correct in a sense that Trump isn't buying jack shit, the WLFI team is just accepting payment for their shitty DEFI token that no one will use

DreamingTooLong

If you’re swapping back-and-forth every two weeks, you can probably save on fees doing DEFI go back and forth between WBTC & USDC Coinbase as their own wrapped bitcoin called cbBTC and you can swap from that to USDC. If you’re doing a few grand back-and-forth every week, you could save a lot on fees doing something like that.

wpjunky

Despite being only 1% of my portfolio (bagholder from way back), I like and have used NEO the most. I was honestly intimidated by DEFI on ETH, didn't know where to start, and I never quite felt comfortable with managing impermanent loss. I found FLUND (soon to be FLOCKS) on Flamingo Finance that allows you to earn a portion of orderbook fees just by holding/investing, so that kind of allowed me to dip my toes in without the IL risk. And my name@ETH wasn't available and the owner was price gouging on OpenSea, but I was able to grab my NEO name for cheap (even if I can't do much with it). 🤣

JustStopppingBye

Ripple has never worked with Swift and will never work with Swift. David Schwartz even admitted that “banks will never be ripples success story” because banks don’t want to work with Ripple. They only did it for public attention. His words not mine. https://x.com/JoeShmoe_x/status/1864895092676235503 https://www.swift.com/news-events/press-releases/swift-ubs-asset-management-and-chainlink-successfully-complete-innovative-pilot-bridge-tokenized-assets-existing-payment-systems The idea of a “bridge currency” that you see every xrpie parroting, fizzled out with the emergence of DEFI and stable coins. This is why Ripple pivoted to a L1 smart contract platform and why they created a stablecoin BECAUSE BANKS DONT NEED A BRIDGE CURRENCY. Chainlink won. Ripple will eventually adopt chainlink oracles if they ever want to touch any bank associated with Swift. https://blog.chain.link/chainlink-banking-capital-markets-announcements/

MrFrosty888

ADA, XRP, HBAR. Some of the other dinosaur top 50 coins (especially DEFI eg AAVE). OP, SAND, and others. Please note the FED may control the short term market, and traders have to follow the big institutions, but US debt aside, the larger  macro picture for 2025, is risk on. Apart from 2021 stimulus, it will be 8 years since the last alt season. Everyone now should be fortunate to have that recent history to go by.

grwatplay9000

I've had a BlockChain account for several years, just linking to my DEFI BTC wallet. When I attempt to get "verified" to have full account access, the verification process is inaccessible on the web and in the Android app, so there is no way to get verified. I get the std email saying my verification failed because (std list of 8 reasons, none of which apply BECAUSE I CANNOT START THE VERIFICATION PROCESS!). I've been in software development for almost 30 years. What I see is people who have no business or finance expertise developing finance applications because there's an opportunity to make lots of money and it requires no customer support. If their app fails (and takes peoples' money along with them, they just start a new app and keep running ... The internet is the prime example of what people will do with no laws, no restrictions, no boundaries. They will find out what they can get away with and that is what they will do, the land of No Consequences ... I wish there was an internet Karma machine, I would contribute to that gladly!

grwatplay9000

I used Strike for about 3 months, making purchases with a debit card and sending to friends or sending to my DEFI BTC wallet. Everything was fine until last week. I've been stuck at a Max BTC Purchase of $75 for more than a week now. I have not hit the 7500/month limit, not even 60% of that, and it just sits there at $75 max purchase. I've submitted a support ticket several days ago, not one peep out of them. I thought they were great until all of a sudden, I'm limited and there's no documentation on why. I am also not hitting a 500/day limit, even though I've bought as much as $4500 in a single day before. Always debit card purchases. Seems like it would be very simple, either the card transaction is approved or it is not. This limit I'm encountering is from Strike, not my debit card provider. I trust there are some Reddit Geniuses (Geni?) who can explain what is happening or direct me how to get some actual support. Thanks, folks!

thiseisafakeaccount

When do you think the altcoiners will realize the alt coin season isn't coming? 1. We have many ways to leverage Bitcoin, altcoin leverage isn't needed. 2. The pool of retail get-rich-quick kiddies have all mostly bought in already. At these market caps, institutional money is necessary to move the price, and they aren't buying your alt. 3. Bitcoin has its own DEFI networks, and many more are coming next year. 4. Bitcoin has low fee transactions on L2s.

ArcadeAndrew115

I mean exchanges like Coinbase and Robinhood already gave you 1099s if you made more than 600$ in a year. How is this different (for those exchanges?) I guess this sucks if you used DEFI exchanges that wouldn’t 1099 you.. but

Ghostserpent

Why buy ETH when you can just do DEFI and smart contracts on Bitcoin with STX

Fantastic_Field_2030

you will be able to do it natively in Cardano blockchain in DEFI, there's bitcoinOS and Charles Hoskinson is planning to do a more pure solution, so you will be in control of your coins with a hardware wallet and will be able to lend it through there, search for it on X

Big-Finding2976

It really isn't impractical to track DEX swaps and staking transactions. There are plenty of services like Koinly that can do it all for you, if you enter your wallet addresses. I'm not saying I'm happy about the current tax rules and hopefully they can be made less complicated in time, as I don't think every transaction should be treated as a taxable event, but crypto and DEFI is very different to buying and selling shares, so it needs a specific set of rules, otherwise people will just make loads of money and avoid paying any tax on their gains by never selling it for fiat and just trading crypto for crypto and borrowing against it, or swapping it for RWA tokens.

icestronaut

How are we supposed to pay taxes in DEFI. The only way i see is the amount you put into crypto and the amount you take out back to you bank account.

ramblo

If you guys want a company that into alts , its DEFI/DEFTF.

Equal_Big_6821

Technologically potent? How manymegabytes you got? Is there anything better out there on the same chain. That you know, industry could use. There is. I don’t own any personally, but I tell you this, Shiba Inu did well for me. Doing a great job creating PENT UP DEMAND over the last couple years with their website being blurry over the Asset that you can clearly see says #TREAT Well, I hate to burst your bubble, but there’s a shrinking supply by the hour. They went for the fulcrum this time with supply and demand. Elon has already done the work. He did it last time. If you don’t know how to buy Ethereum products, ask a buddy and head on over to Shiba swap. I’m listing the #SHI pair here, but there are many many pairs and you should take a look at everyone of them. Listen to nobody except your gut this is DEFI. https://www.dextools.io/app/en/ether/pair-explorer/0x6142e7f16376f213185d839823c6379c2dc73bdd

Pablito-010

You're right ETH is the silver of Crypto. L1 too expensive L2 is clunky. BTC for store of value and SOL for playing around in DEFI.

Worth_Tip_7894

Fair enough. Pops is fiscally conservative. Pops just needs to be able to pay and receive money, take out and repay the odd loan. Cryptocurrency is absolutely fine for this and will be incredibly easy to use for ordinary people. People losing money on FOMO memecoins or complex DEFI farming, running transactions over multiple blockchains just isn't what your old Pops is interested in. People who can't manage their affairs today, won't be able to manage their affairs tomorrow either, nothing to do with underlying technology.

Tvmouth

Learning HOW it all works is more important. Learning how to find and read a smart contract, now to trigger contract calls without access to a web3 GUI, staking, mining, DEFI liquidity and Dex access are more important than learning how to trade. It's just like driving a car: Learn to drive, learn to check oil, learn to inflate tires and choose fuel, all of that is WAY more important than how much you spent on a car. Asking a car salesman how to replace a head-gasket... doesn't get you very useful information (*typically*). Trading courses are like putting stickers on a car to make it look faster, but professional drivers know HOW to dismantle and rebuild and tune their machines. Learning happens, but do you need the merit badge to prove you learned? ***Even Gensler has no idea... come on.***

NFT_fud

That iis too many to follow, I would cut the list in half. Also Cardano (ADA)is just not moving, lots of talk, papers written (I guess, not checking anymore) but no real adoption or changes that greatly affect its proposition. I was in a few years ago and it was just lackluster , I got out and kept my eye on it for quite some time. I would jump back in if it started serious moves but it still seems like they are cutting bait, I stopped paying attention to them about a year ago. There are still die hard investors who keep blasting the Cardano horn but you need to form your own opinion and prove me wrong. ICP sounds like a great concept but no one, no devs are adopting it. Maybe things have changed I dont follow it any longer but its just not a great project, You need to research ICP USDC is a stablecoin, its good to hold incase you want to buy something but you do know it doesnt go up or down, its pegged to the US dollar. You could invest in a DEFI pool like AAVE that pays you interest on your USDC while you sit on it. Its not locked in so if you need it you could pull it out, The interest is OK but its very stable. Also if you cut down on the number of tokens you invest in, you can increase what you put in each one, or better yet you can distribute your allocation to manage your risk. There are ratios people use but the idea is that you weight it so you have more allocation to your blue chip tokens like BTC and ETH

Strange_Piano9190

lol... do your research. sol is harboring a industry that is not regulated and people are not doxxed and they steal your money. compared to XRP that has been fighting for years for regulaTION and order to stop these scammers and also xrp allows to transfer money the best way and with flare adding smart contracts to xrp to make it even safer adds value and then XRP ETF would be pegged to the dollar which will allow retail to swoop in. ANYTHING is this world is there to SERVE and change will always gain over those companies that are just used to gain money. companies and individuals will use BTC AND XRP has an asset to loan against to invest into realestate. its connects the virtual world to the physical world. so anything to do with making blockchain safer and easy to use and block chain to work faster and hold more data and companies that are into DEFI CLOUD nodes/AI GPU is going to help the exsisting finicial systems run a lot more efficient. XRP/HEDERA/LMWR/BTC/XLM/. XRP has been in the pressure zone for over 5 years and still holds at 40-50cents, when the bear market it... everything fell into nothing except for XRP BTC XLM ......

jomegared

These are not small caps, more small to micro, but team has been building for 10 months and literally about to launch everything. Check out on X a group called CoinRockCap. They're an incubator for crypto projects with a DOXXED team. I love knowing who I'm investing with so that was a big green check for me. They launched $CYG Cyclix Games last month and are gearing up to compete with Rollbit. Highly undervalued right now in my opinion. Then in January they're launching Vault Finance. A DEFI protocol to buy - stake - earn coins. Lots of those projects have been tried before but these guys are operating from anger honestly. They all got rugged in SYNC and decided they could build it better themselves. The presale is over and raised $1.2mil but all organic raise, no bots. So I am verify excited to try and snipe that project on launch. Their third project is called jeetbot\_ai. Looks those guys up and what they're doing. They're small / micro cap projects that I think would do really well! The $CYG token went from $.23 to like $1.78 in 3 weeks and is now down to like $1.25. It is sitting lower at the moment because the new casino games haven't launched so I'm hopeful for a big upside when they start marketing. Just some thoughts (and my bias since of course I'm going to invest in these, already in CYG!!)

Evening_Cut4422

DEFI, but i wouldnt do that 1 mistake and u lose ur coin and is left without a car. If u think btc is gonna depriciate so u want to get a car when BTC is valueble and pay of said lian slowly just sell the BTC then buy thr car wait for it to dump then rebuy. If u think BTC will appriciate and u want to take a loan on ur BTC, u are just stupid why risk moving ur asset around in the wild west of DEFI then park it in DEFI untill u can afford to pay back the loan. Just buy a cheap car via cash or just use get a bike.

Fluffy-Space-290

New Sec chair = huge for DEFI

Jlc7378

It’s my DEFI play for this cycle.

Charlieboy1986

Honestly, one that I thought looked scammy is looking very enticing now. Dove in and saw some good use cases and game theory. Supper fudded coin, but most crypto has some bad rep, but it's looking solid at this point. I've been in the space about 10 yrs in 2 months. I've seen some stuff, but I definitely have some risky stuff mixed with "safer" plays, and i can say the stuff slightly below the "safer" threshold always played out way better. Anyways, this one's got potential. Comunity is super helpful, and most of all, it seems to be what DEFI should actually be.

Grunblau

XLM hiding in a closet, nervously loading a DEFI gun with smart contracts while ALGO walks the hallway looking for ETH swinging the axe of instant finality…

DifficultyMoney9304

I'm in aave, uniswap, and link for DEFI.

TechTuna1200

DEFI is always a good play. The whole essence of crypto is to cut out the middleman, and unlike many other coins, people are actually using DEFI. Of the non-platforms, it only thing having a use case within the Altcoin space.

sigh_duck

All these Layer 1's are looking to ride BTC now and realise they have to no longer be the 'BTC Killer' but the worthy ally that can scale DEFI for BTC given its lack of capability. Smart play by Nervos.

JustStopppingBye

>All the other solutions for Defi have a lot of vulnerabilities Like what? Real DEFI uses chainlink oracles, which has never been exploited. Theres a reason Swift works with chainlink.

JustStopppingBye

>So if WLFI is using AAVE, they will be lending money using blockchain correct? [https://governance.aave.com/t/temp-check-world-liberty-financial-aave-v3-instance-on-ethereum-mainnet-proposal/19383](https://governance.aave.com/t/temp-check-world-liberty-financial-aave-v3-instance-on-ethereum-mainnet-proposal/19383) This explains what theyre doing but yes. AAVE is a DEFI lending protocol. > Presumably if the lending is profitable, the token holders will vote to distribute profits to the token holders from the lending business? This im not sure, i've never bought a governance token. AAVE is also a gov token too. >Or am I being too optimistic? Perhaps haha.

Grunblau

Is there good DEFI for XML, yet? I just use it as a transfer mechanism and my lazy ass just never sold it.

kiwidevelopment

Sol is literally just a memecoin casino coin. Meanwhile ETH dominates in DEFI and smart contracts

Grunblau

Looking for something to buy on the dip? Coinbase 50 index: **Store of Value** Bitcoin **Smart Contract Platforms** *Layer 0* Polkadot Cosmos *Layer 1* Ethereum Solana Cardano Avalanche Near Injective Hedera Internet Computer Ethereum Classic Algorand VChain EOS Tezos Flow Mina Protocol Oasis Network *Layer 2* Polygon Immutable Stacks Skale Network **Payments** XRP XLM Litecoin Bitcoin Cash Zcash **MEME Coins** Doge Shiba Inu Bonk **DePIN** *Data Management* Chainlink The Graph Helium *Computing Platforms* Render Artificial Super-intelligence Alliance *Interoperability* Quant **DEFI** *Decentralized Exchanges* Uniswap 1Inch Curve *Lending Platforms* Aave Maker Compound *Asset Management* Lido DAO *Derivatives* Synthetix **Media and Entertainment** *Metaverse* Sandbox Decentraland *Social* ApeCoin Chiliz *Content Advertising* Livepeer

Ecstatic_Courage840

Hahaha, keep on dreaming bruh, your chain is only used for memecoins. Come back when your chain is the backbone of EVERY SINGLE DEFI PROJECT IN CRYPTO. Tell me, what is Solana actually used for? And then go look at the front page. Someone has actually made a beautiful post explaining why your shitcoin doesn’t do shit besides grift newbies out of their hard earned profits. Good luck, you’re gonna need it when your chain goes down. Again. And again. And again. Oops, did you forget that a couple of million SOL is gonna be dumped on your face next year?

Numerous_Ruin_4947

And I am wondering why not?! Ethereum has a much bigger influence on DEFI and crypto in general. You can't do much with Bitcoin but buy, sell, or hold. The proof-of-work model with a finite BTC supply and shrinking miner rewards every 4 years will not be sustainable long-term. How will BTC be secured 16-24 years from now when miners will be receiving a fraction of their current BTC payouts? Some say transaction fees will take up the slack. But the premise is that BTC should be held and never sold. Where will all these transactions come from to generate fees? Not from Saylor...

thiseisafakeaccount

Don't listen to all the fear mongers here that will tell you leverage will kill your family. 6.5 or 8% interest are both well below what most of us expect Bitcoin will achieve in the next 12 months. Bitcoin has a great probability of going up more than 8% (97,200). As long as you can survive the very rare chance Bitcoin peaks here, and stays lower for the next 4 years, then I would buy some more Bitcoin! Personally, I have maxed out credit cards and DEFI loans at 25% interest that I love having. But if we did crash from here, my life would be ok also.

01technowichi

Alas. Impermanent loss like that is why only a fraction of my ADA is in DEFI rather than staked. When I'm ultimately satisfied with my ADA gains, I think I'll move ~33% in and to hell with the impermanence I'll take the cashflow.

sigh_duck

Paints a solid picture for Solana's dominance in DEFI

Jaythiest

Self custody is only as safe as YOU are. DEFI is very much a wild lawless land. You have full control and FULL responsibility for your actions. I’m all for self custody but it all depends on your means, goals, and commitment to crypto and security concepts.

NYCDigital

Fine I shill. Not financial advice. My hypothesis is SUI will be the SOL of this cycle. Put some bets on SUI ecosystem. SUI utility DEFI coins like Scallop $SCA and $CETUS. Also $HIPPO for meme exposure.

apmfl

Please study DEFI

Numerous_Ruin_4947

I looked at the ETH/BTC chart and you're right. After September 2022 it started trending down. But that may have also been because bullish sentiment for the entire crypto space declined. FTX collapsed a little over a month after the merge. Then there were the issues with the SEC which helped Bitcoin and hurt DEFI chains like Ethereum. I don't think the switch to POS was solely responsible for the ETH/BTC downtrend.

I_like_robots_3112

I don't know why UNI became the DEFI token of choice there's so many other projects I would have backed instead

R4ID

> “It’s going to go up because it did in the past” not what I said, I said its been above what you are asking about before there was even a functioning product which utilized it by the largest dev. >“Oh, you want real data, well f u” Again I would of gladly highlighted all the sidechain, evm, smart contract, LP,DEFI etc developments that have been deployed or that are in the roadmap for the next 3-6-9 months. Instead you cant seem to ask a basic question and be a reasonable adult. Hence you get replys like this. IDC if you buy it, You're more than welcome to miss out.

Past_Hotel_5987

it is possible it is always aligned with the DEFI. I would like to know the project to study it in order to be aware of the new progress in the ecosystem.

vattenj

Smart contract with instant execution, can ease lots of frictions in commercial, especially in financial market. However the complexity and security of its code makes it very difficult to audit, so the regulatory part would be much difficult to improve In principle, you could just send ETH to a contract and claim part or whole ownership of a house/boat etc... But what if the owner refuse to transfer the physical ownership? Eventually it will involve the law enforcement, and that part is missing in today's DEFI world, so today it only applies to financial operations on chain, like a flash-loan of stable coins

R4ID

Bitcoin is not the most efficient financial network in the world. Bitcoins entire network functions on the basic premise of rewarding whoever can waste the most electricity, that is why it is an environmental concern. If PoW was the ONLY solution to the double spend problem, the above statement would be correct. The problem is that we now have MANY solutions which offer the following - Stronger security - More decentralized - Actually can scale and meet the needs of the world - Have more features (Dex,smart contract, NFT, DEFI, Streaming micro payments etc) - Low user fee All this and more for a tiny fraction of the same energy cost. Originally when I got in (2012) the "magic sauce" was PoW, Now I see PoW for what it really is. A brute force, inelegant, dirty solution to a difficult problem.

RealVoldemort

DEFI of course!! 🙏

goodupvote

Im going for best long term investment in RWA/DEFI/Dapps Currently going in with buk protocol, and their chainwarz is litrally going fire Think longterm and solid projects

Pablito-010

You can hate or love memecoins, but they bring engagement and are an introduction to DEFI and crypto in general :)

jawni

I'm glad people finally realized the actual scammy part about this. Not like this was hidden at all, it says right in the "gold paper": >For these services and rights, World Liberty Financial agrees that DT Marks DEFI LLC will receive 22.5 billion $WLFI tokens and a right to receive 75% of the net protocol revenues as defined in the services agreement after deduction of agreed operating expenses and the initial treasury reserve. The services agreement is terminable by DT Marks DEFI LLC for “cause” under certain conditions and for non-renewal of the initial 5-year term.

Objective_Digit

ETH is down about 40% since the merge. You're the speculator/chump throwing his money away. Bitcoin can and has DEFI also.

acndavid

It is funny bs you just said "What's the point in dca-ing in ETH if it's falling vs your other hold?" (totally just seeing the speculative side) lol I did invest ethereum because I believe in DEFI and I think it has way more utility in general, it looks like the one speculating is you...

ShinobiHanzo

No wonder people use DEFI exchanges.

Django_McFly

> None of Donald J. Trump, any of his family members or any director, officer or employee of the Trump Organization, DT Marks DEFI LLC or any of their respective affiliates is an officer, director, founder, or employee of World Liberty Financial or its affiliates. None of World Liberty Financial, Inc., its affiliates or the World Liberty Financial platform is owned, managed, or operated, by Donald J. Trump, any of his family members, the Trump Organization, DT Marks DEFI LLC or any of their respective directors, officers, employees, affiliates, or principals. This is literally some random, 3rd party made some crypto protocol and then got a celebrity to endorse it. That blurb of text on the site is the only time anyone has ever done *anything* to suggest that this isn't a Trump thing and that he's simply endorsing a product that has nothing to do with himself or his team. I'm leery of anything where the marketing is saying thing x and then the fine print functionally says "yeah the marketing is a lie, please disregard it."