The practice of calling anything other than Bitcoin a scam (or, less artfully, a s**tcoin) is sometimes labeled “toxic maximalism.” Online bitcoiners who defend the network against detractors and attack “imitators” are what MicroStrategy’s former CEO Michael Saylor called a “cybernetic immune system.” Historically, maximalism isn’t rare in tech – though it often results in embarrassment for any outspoken critics of, say, cars, planes, phones and the internet.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...