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bc1 isn't an uncommon prefix, its a bech32 native segwit address that's been in use for years now (IIRC 1 and 3 are the other prefixes, 1 being the first and most popular and 3 being a backwards compatible segwit address, i.e. non native). Stats: https://txstats.com/dashboard/db/bech32-statistics?orgId=1

faulty key pairs being generated is a well known issue with poorly developed wallets, not with Bitcoin itself. None of the popular wallets have this issue so it doesn't undermine Bitcoin.


What are you talking about? Chainlink is used a ton, literally powers most of defi. Its used to secure 10s of billions of $.


bullish


yup


> the supposed point of crypto is to reducing the reliance on, and grifting from, companies like Coinbase

Yes, that is still the case? Decentralized exchanges like Uniswap are dominating (over $1B volumes daily) and growing very rapidly. Crypto is and always has been about decentralization.


Settlement != payment


Are you agreeing or disagreeing that it is a threat? Linux did take a ton of market share from Microsoft on the server side.

Linux is also not a good analogy IMO, because Uniswap has a lot of direct retail/consumer usage whereas Linux isnt used directly by the average person.


They are more mutually beneficial to each other than existential competitors.



False, smart contracts have so much demand that Ethereum gas prices have skyrocketed in the past year


Whenever crypto comes up on HN all the comments are either copium, Tether, or people saying "I'm not wrong its the market thats wrong".

Amazing to see how the tech/SV mainstream completely missed out on Defi, and are now missing out on NFTs.

This comment explains HNs relationship with crypto perfectly: https://news.ycombinator.com/item?id=24310174. Good quote from @balajis: "Crypto is what comes after Silicon Valley"


"tech/SV" in no way missed out on Defi, they own a pretty big part of it.

Check out a16z, sequoia portfolios or check out the founders of the top defi projects...

> "Crypto is what comes after Silicon Valley"

yet some of the biggest success stories to come out of crypto are "Silicon Valley" (or close enough in this context) companies such as Coinbase ?


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