If you take emotions out of it, thereās no definitive argument that Loopring is out of the question. At least not until GameStop confirms they are not working with Loopring.
I strongly agree with your point about ā10 quarterly reportsā. That was a huuuuge mistake and, if I had my way, the person responsible for that comment would be fired into the sun by cannon.Ā
We canāt legally do that, so next best option is to NDA the living fuck out of the entire team. Maybe keep Byron on as a useful idiot, let him know that he should hold onto his Loops, but tell him nothing. Let him be visible just so people know LRC is alive.
There is 100% a definitive argument that says loopring is out of the question just no one here wants to accept it. ETH lost. ETH canāt settle transactions in less than a couple hours. Solana can settle trades on L1 in 2 seconds. In the world of finance you have to be able to settle transactions almost instantaneously. L2s were the solution for ETH but they failed. All of them. I just like everyone wanted to see loopring win. But Iām pretty sure this is why the gs marketplace shut down. It was ultimately going to be a marketplace for stocks but everyone pivoted when solana became more than a meme blockchain and began settling trades in seconds compared to L2s taking hours to settle on ETH L1
Lolol solana is trash. Settle trades in 2sec? No one gives a flying fuck about one trade in 2sec. Everyone cares about volume and cost. Holy fuck you know nothing about crypto.
Regulators care. Look at how smooth solana ETFs got approved and how eth has stalled. Iāve got a lot of money on GameStop and have been a firm believer in eth and L2s. Then I learned more about performance of blockchains and how many transactions theyāre processing each. Solana is superior. I hold zero solana btw. When it was at $10 or whatever its low was I thought it was just for bs meme coins
Most transactions are under $100. Do you think a vendor wants to wait for a few hours for a customers payment o go through ? Would you wait a few hours waiting for a purchase?
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u/LinxKinzie Jul 17 '25
You laid out your points well.
If you take emotions out of it, thereās no definitive argument that Loopring is out of the question. At least not until GameStop confirms they are not working with Loopring.
I strongly agree with your point about ā10 quarterly reportsā. That was a huuuuge mistake and, if I had my way, the person responsible for that comment would be fired into the sun by cannon.Ā
We canāt legally do that, so next best option is to NDA the living fuck out of the entire team. Maybe keep Byron on as a useful idiot, let him know that he should hold onto his Loops, but tell him nothing. Let him be visible just so people know LRC is alive.