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	Comments on: Banks don&#8217;t see the asteroid coming.	</title>
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	<description>Blowing up the Clown World.</description>
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		<title>
		By: Derek C HOWIE		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66743</link>

		<dc:creator><![CDATA[Derek C HOWIE]]></dc:creator>
		<pubDate>Wed, 23 Jun 2021 19:26:39 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66743</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66407&quot;&gt;tsk&lt;/a&gt;.

Good life Group TAURANGA New Zealand , Ethereum Health Club Team Derek C Howie , Aseem Malhotra , Mount Maunganui New Zealand the jewel of the South Pacific Crypto  , B with us we pray for a better future &#038;amp; world , in need &#038;amp; Homeless pleased to partner with U all , Tree of truth PIOPPI Diet Team, philosophy Pay it forward ,]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66407">tsk</a>.</p>
<p>Good life Group TAURANGA New Zealand , Ethereum Health Club Team Derek C Howie , Aseem Malhotra , Mount Maunganui New Zealand the jewel of the South Pacific Crypto  , B with us we pray for a better future &amp;amp; world , in need &amp;amp; Homeless pleased to partner with U all , Tree of truth PIOPPI Diet Team, philosophy Pay it forward ,</p>
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		<item>
		<title>
		By: Derek C HOWIE		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66742</link>

		<dc:creator><![CDATA[Derek C HOWIE]]></dc:creator>
		<pubDate>Wed, 23 Jun 2021 19:24:12 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66742</guid>

					<description><![CDATA[Good life Group TAURANGA New Zealand , Ethereum Health Club Team Derek C Howie , Aseem Malhotra , Mount Maunganui New Zealand the jewel of the South Pacific Crypto  , B with us we pray for a better future &#038; world , in need &#038; Homeless]]></description>
			<content:encoded><![CDATA[<p>Good life Group TAURANGA New Zealand , Ethereum Health Club Team Derek C Howie , Aseem Malhotra , Mount Maunganui New Zealand the jewel of the South Pacific Crypto  , B with us we pray for a better future &amp; world , in need &amp; Homeless</p>
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		<title>
		By: Hamish MacEwan		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66418</link>

		<dc:creator><![CDATA[Hamish MacEwan]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 21:10:37 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66418</guid>

					<description><![CDATA[The Internet structurally separated telecommunications and Bitcoin is doing the same for the trust network.


&#034;A simple layer 1 Bitcoin lending program with an institutional level custodian like Gemini or Galaxy (whom we hold in our TCC portfolio) would yield 400 basis points right there, and that’s without even counting the price appreciation.&#034;

Paying compound interest on and in a capped asset seems a self-limiting proposition.


Ethereum: a distributed computing platform which is so robust that it can be made public - Peter Borah.

Bitcoin: a distributed database which is so robust that it can be made public - Peter Borah.


ERCs (and once upon a time Ethereum) are elastic, and useful because of that.

Bitcoin is inelastic and useful because of that.


PS. &#034;dependancy&#034;]]></description>
			<content:encoded><![CDATA[<p>The Internet structurally separated telecommunications and Bitcoin is doing the same for the trust network.</p>
<p>&quot;A simple layer 1 Bitcoin lending program with an institutional level custodian like Gemini or Galaxy (whom we hold in our TCC portfolio) would yield 400 basis points right there, and that’s without even counting the price appreciation.&quot;</p>
<p>Paying compound interest on and in a capped asset seems a self-limiting proposition.</p>
<p>Ethereum: a distributed computing platform which is so robust that it can be made public &#8211; Peter Borah.</p>
<p>Bitcoin: a distributed database which is so robust that it can be made public &#8211; Peter Borah.</p>
<p>ERCs (and once upon a time Ethereum) are elastic, and useful because of that.</p>
<p>Bitcoin is inelastic and useful because of that.</p>
<p>PS. &quot;dependancy&quot;</p>
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		<title>
		By: Mark E. Jeftovic		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66417</link>

		<dc:creator><![CDATA[Mark E. Jeftovic]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 19:54:37 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66417</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66416&quot;&gt;Alberto&lt;/a&gt;.

Uh yeah, I&#039;ll get right on that.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66416">Alberto</a>.</p>
<p>Uh yeah, I&#8217;ll get right on that.</p>
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		<title>
		By: Alberto		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66416</link>

		<dc:creator><![CDATA[Alberto]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 19:38:11 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66416</guid>

					<description><![CDATA[You may have been in crypto since 2013 but the very fact that you suggest 40% portfolio of ETH leaves much to desire. ETH is dying. Get over it. It did serve it’s purpose but it’s now falling out of the scene. Kadena, Cardano, Quant should be in everybody’s portfolio. Please rewrite the article.]]></description>
			<content:encoded><![CDATA[<p>You may have been in crypto since 2013 but the very fact that you suggest 40% portfolio of ETH leaves much to desire. ETH is dying. Get over it. It did serve it’s purpose but it’s now falling out of the scene. Kadena, Cardano, Quant should be in everybody’s portfolio. Please rewrite the article.</p>
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		<title>
		By: David		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66410</link>

		<dc:creator><![CDATA[David]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 17:22:08 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66410</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66405&quot;&gt;David Steeves&lt;/a&gt;.

Dave,
   Yes, you are dreaming...but they&#039;re good dreams.
   PlanBTC.com]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66405">David Steeves</a>.</p>
<p>Dave,<br />
   Yes, you are dreaming&#8230;but they&#039;re good dreams.<br />
   PlanBTC.com</p>
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		<title>
		By: tsk		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66407</link>

		<dc:creator><![CDATA[tsk]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 16:33:12 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66407</guid>

					<description><![CDATA[&#062;DeFi is De-Financializing assets.

No... Decentralized Finance (not this &quot;De-financialing&quot; crap) can financilize assets just as well as the existing financial system... 

And alot of protocols on chain are decentralized in name only because alot of teams have full centralized control over the contracts, and users themselves now pidgeon hole themselves on things like infura, and nearly all but one evm compatable chains scale horribly... and even that one has huge concentration of validators with the most at stake that run on 5eyes comprimised clouds...

Alot of work needs to still be done to pursue further decentralization and away from alot of nonsense you spew...]]></description>
			<content:encoded><![CDATA[<p>&gt;DeFi is De-Financializing assets.</p>
<p>No&#8230; Decentralized Finance (not this &#8220;De-financialing&#8221; crap) can financilize assets just as well as the existing financial system&#8230; </p>
<p>And alot of protocols on chain are decentralized in name only because alot of teams have full centralized control over the contracts, and users themselves now pidgeon hole themselves on things like infura, and nearly all but one evm compatable chains scale horribly&#8230; and even that one has huge concentration of validators with the most at stake that run on 5eyes comprimised clouds&#8230;</p>
<p>Alot of work needs to still be done to pursue further decentralization and away from alot of nonsense you spew&#8230;</p>
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		<item>
		<title>
		By: David Steeves		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66405</link>

		<dc:creator><![CDATA[David Steeves]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 15:06:22 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66405</guid>

					<description><![CDATA[Great Article, when I was young and broke I could feel the computer and cell phone markets changing the world. However I had nothing to invest.
Now I see the same thing happening in real time with bitcoin etc and Im not going to miss it. I have my miners working day and night, I Have bought crytro web domains with the names of major banks, waiting for them to need them and make me a offer. Was trying to explain all this to my wife this morning and I was stunned at how she and others think Im dreaming, How many will be caught off guard.
Dave S]]></description>
			<content:encoded><![CDATA[<p>Great Article, when I was young and broke I could feel the computer and cell phone markets changing the world. However I had nothing to invest.<br />
Now I see the same thing happening in real time with bitcoin etc and Im not going to miss it. I have my miners working day and night, I Have bought crytro web domains with the names of major banks, waiting for them to need them and make me a offer. Was trying to explain all this to my wife this morning and I was stunned at how she and others think Im dreaming, How many will be caught off guard.<br />
Dave S</p>
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		<title>
		By: Dave		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66404</link>

		<dc:creator><![CDATA[Dave]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 14:58:31 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66404</guid>

					<description><![CDATA[Mark, great article, but swapping the last two &#034;sections&#034; would make it a better read.

End with &#034;...on every purchase in crypto.&#034;

I read it on zh.

Dave]]></description>
			<content:encoded><![CDATA[<p>Mark, great article, but swapping the last two &quot;sections&quot; would make it a better read.</p>
<p>End with &quot;&#8230;on every purchase in crypto.&quot;</p>
<p>I read it on zh.</p>
<p>Dave</p>
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		<title>
		By: Paul		</title>
		<link>https://bombthrower.com/bitcoin-is-de-dollarization-ethereum-is-defi-nancialization/#comment-66394</link>

		<dc:creator><![CDATA[Paul]]></dc:creator>
		<pubDate>Sat, 12 Jun 2021 14:07:09 +0000</pubDate>
		<guid isPermaLink="false">https://bombthrower.com/?p=2361#comment-66394</guid>

					<description><![CDATA[Are you deranged or what? Decentralization is only true insofar the technology is run in a decentralized fashion. This is not the case for Ethereum. On the surface it looks decentralized but look where all its activity is moving. To centralized &#034;Second layers&#034; that promise (and maybe they are not lying) that they will be decentralized in the future.]]></description>
			<content:encoded><![CDATA[<p>Are you deranged or what? Decentralization is only true insofar the technology is run in a decentralized fashion. This is not the case for Ethereum. On the surface it looks decentralized but look where all its activity is moving. To centralized &quot;Second layers&quot; that promise (and maybe they are not lying) that they will be decentralized in the future.</p>
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