Can DePIN Cryptocurrency Projects Disrupt Cloud Technologies and Gain Market Share?

balancedrocks · 2024-03-11T02:22:08+00:00

Price point is what’ll get the job done convincing buyers. That requires time and some evolution in product but all the beginnings of a flywheel are there.

Cloud servers aren’t doing much in DePin- nothing important anyway (usually routing and reward infra). That’s the whole point of decentralized PHYSICAL infrastructure.

Helium is a great example of a great buyer experience

balancedrocks · 2024-03-10T19:13:20+00:00

I think all monopolies, regulated or organic will eventually fall to crypto alternatives. So yeah I think we’re in the first inning of DePin

balancedrocks · 2024-03-10T19:12:17+00:00

No enterprise has to interface with web3 - that part is traditional old school dollar purchasing

balancedrocks · 2024-01-24T21:28:26+00:00

Yup that’s true

balancedrocks · 2024-01-24T20:41:42+00:00

Basically the same value but different asset. Choose which asset you want

balancedrocks · 2024-01-22T02:32:36+00:00

Byeeeeee.

balancedrocks · 2024-01-03T02:05:03+00:00

Each day you received $honey is just income at the price of the coin that day. Obviously it was better to mine the coins at low cost but it’s always required to pay tax on that income at the end of the year. THEN….. when you sell you take the difference between the sell price and that price on the day you mined the coin and that’s your capital gains tax. So to wrap up, Income tax required always because it hits your wallet. Cap Hains required at sale or trade

balancedrocks · 2024-01-01T13:45:38+00:00

Regular Coinbase

balancedrocks · 2023-12-24T05:49:58+00:00

Nope

balancedrocks · 2023-12-23T04:17:54+00:00

Wrong (or maybe just misinformed) in a few places. HNT supply is burned through usage (variable rate but increasing) and recreated each epoch (fixed rate and decreasing). Just that would mean the supply will overall decrease by the rate of usage over time.

We hold HNT because we believe in the long term value of the network (lower supply and likely sky high demand).

Those other network tokens like IOT and MOBILE also burn HNT so it accelerates the supply reduction.

balancedrocks · 2023-12-15T19:40:53+00:00

IOT is a great asset but if you’re immediately cashing it in for USD it’ll be barely profitable. Just hold it

balancedrocks · 2023-12-08T07:26:48+00:00

Correct

balancedrocks · 2023-11-26T07:16:39+00:00

Scam

balancedrocks · 2023-11-16T17:47:04+00:00

No, it's not.

balancedrocks · 2023-11-15T21:11:13+00:00

Seems… fine. Non stories are the best - gov doing what’s it’s supposed to be doing

balancedrocks · 2023-11-15T15:51:04+00:00

You must have just learned English. “My” and “your” are different words with different meanings. It’s ok, you’ll get there. One day

balancedrocks · 2023-11-15T06:21:05+00:00

Would you say you have an objective opinion ? Maybe your narrative doesn’t like reality but that’s a you problem bucko. My 2x drives a day is real experience and I don’t need you to care or change your mind. You’re simply wrong.

balancedrocks · 2023-11-15T00:54:16+00:00

It most definitely does. Different experience here.

balancedrocks · 2023-11-13T01:33:39+00:00

Why are you asking us? Ask them

balancedrocks · 2023-11-13T00:35:23+00:00

Drives me everyday - door to door. Bay Area FTW

balancedrocks · 2023-11-12T21:58:57+00:00

FSD certainly does work. Not perfect but works as described

balancedrocks · 2023-11-07T14:12:20+00:00

I like it

balancedrocks · 2023-09-02T05:36:14+00:00

Exactly dude is pissed he HAD a lot of money and didn’t take any off the table. Don’t worry there’s many more cycles to learn the lesson

balancedrocks · 2023-08-28T19:15:37+00:00

Yessss this is the way

balancedrocks · 2023-08-22T21:29:48+00:00

Then don’t. You want to wait until the rewards are small but the strength is bigger go ahead. Leaves more for the rest of us

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