Dumped my Cardano last year when the founders felt that it was more important to be doing more feel-good woke shit in Africa rather than working on improving the software.
They're are doing both. I don't see a problem with what they're doing and they are not a woke brand from what I see.
The biggest benefits of crypto will come to the poorest in the world (which is in Africa). There is not a better use case for crypto than showing that it can be used to create a more capitalist free market system and raise the least wealthy in our society (by eliminating fraud in many areas).
It estimated that $10 Trillion of resources and real estate is locked in Africa due to poor documentation and overpriced loans (some areas want 300% collateral for you to take out a loan over there). Cardano can help unlock this wealth and provide more resources worldwide for everyone.
Change the system and you can better incentivize the people. If anything could change that, it'll be crypto. If not then it will still benefit the rest of us just like every other time in history.
The culture is deep rooted and it is dumb but a big problem with it all is corruption does not allow actually useful people to survive and thrive more. A secure blockchain takes care of a lot of the corruption problems.
If they worked for and earned those resources while others were dicking around and drinking then they should have those resources and they should have kids raised who learn to get resources and be competitive like their parents.
If other people get bitchy about it, there is no bills or gold to steal, the crypto is all digital so nefarious people would have to steal a persons wallet (seed phrase, password, etc) which is much easier to hide.
If not then who cares, it still benefits the rest of us naggy sally.
They're still going full speed on software development. Cardano is just not making shit stain dApps and upgrades that break like you'll see on Ethereum and Solana.
They make it right the first time in Haskell. No hacks have happened ever on the Cardano ecosystem. Meanwhile on Solidity-based dApps in Ethereum, Binance, etc, you got a hack seems like every couple of weeks. A Binance solidity-based cross chain bridge was just hacked where holders lost $590 Million. Isnt that stupid?
Dumped my Cardano last year when the founders felt that it was more important to be doing more feel-good woke shit in Africa rather than working on improving the software.
They're are doing both. I don't see a problem with what they're doing and they are not a woke brand from what I see.
The biggest benefits of crypto will come to the poorest in the world (which is in Africa). There is not a better use case for crypto than showing that it can be used to create a more capitalist free market system and raise the least wealthy in our society (by eliminating fraud in many areas).
It estimated that $10 Trillion of resources and real estate is locked in Africa due to poor documentation and overpriced loans (some areas want 300% collateral for you to take out a loan over there). Cardano can help unlock this wealth and provide more resources worldwide for everyone.
Africa will never do anything for themselves. They’ve been in the same place for all time. Crypto won’t change that
Change the system and you can better incentivize the people. If anything could change that, it'll be crypto. If not then it will still benefit the rest of us just like every other time in history.
The culture is deep rooted and it is dumb but a big problem with it all is corruption does not allow actually useful people to survive and thrive more. A secure blockchain takes care of a lot of the corruption problems.
All you’ll change is giving different resources to people in power
That's only if you give away shit.
If they worked for and earned those resources while others were dicking around and drinking then they should have those resources and they should have kids raised who learn to get resources and be competitive like their parents.
If other people get bitchy about it, there is no bills or gold to steal, the crypto is all digital so nefarious people would have to steal a persons wallet (seed phrase, password, etc) which is much easier to hide.
If if if. They won’t won’t won’t because they haven’t haven’t haven’t for allllll time
If not then who cares, it still benefits the rest of us naggy sally.
They're still going full speed on software development. Cardano is just not making shit stain dApps and upgrades that break like you'll see on Ethereum and Solana.
They make it right the first time in Haskell. No hacks have happened ever on the Cardano ecosystem. Meanwhile on Solidity-based dApps in Ethereum, Binance, etc, you got a hack seems like every couple of weeks. A Binance solidity-based cross chain bridge was just hacked where holders lost $590 Million. Isnt that stupid?