Wrong reaction. Companies can do what they want. It's their own money they're spending. If they can get distribution on their own L1s, great. It brings more people on-chain, and everyone (including us) will learn more about what works and what doesn't. It's not on companies to use our chains, it's on us to make chains so good that companies want to use them.
Omid Malekan 🧙🏽‍♂️
Omid Malekan 🧙🏽‍♂️12.8. klo 19.46
For the love of god and Satoshi, we don’t need any more L1s! And we really don’t need L1s for stablecoins. They won’t have other desirable assets, so no DeFi. They’ll be single stablecoin (from the creator) so no interop. They’ll only utility for their native coin will be to pay fees, so low value and little economic security.
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