2/ In early 2017, Bitcoiners such as Charlie Lee and Jimmy Song lauded #Decred for its superior design, enhanced ledger security, governance, and solution to the FOSS funding problem. Decred skyrocket into the CMC top 10 and an ATH of $121. Decred coded on.
4/ Under the weight of the 2018 bear, maximalism took root and #Decred friendly voices went dark. Decred coded on.
5/ Exchanges largely ignored #Decred, prioritizing listings of VC-backed crap, ERC-20 tokens that were easier to integrate, and other favored projects of degenerate gamblers. Decred fell to #73 in CMC. Decred coded on.
6/ In late 2020, #Decred released the #DCRDEX, enabling trustless P2P exchange via #atomicswaps without KYC. The price of $DCR doubled within the first month and Decred is on its way to reclaiming its rightful place in the top 10.
7/ #Bitcoin has now been fully institutionalized. It has a problem with hard forks, leading to technical debt and centralization. That’s fine, I’m happy to ride the wave and take institution’s money as they find their new gold.
8/ #Decred has maintained its cypherpunk roots and ideals. It remains #permissionless, offers #privacy & #fungibility, scalability via #LightningNetwork, and will persist as a true #cryptocurrency long after gvmts and regulators monitor, control and permission most other chains.
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