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Scepticism and the Rangers Fan Token


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On 30/06/2021 at 08:55, ranger_syntax said:

 

Despite being enthusiastic about cryptoassets I'm very sceptical about this.

 

Anybody else feel the same way about it?

This seems to be more a novelty, and more about selling the Bitci crypto exchange.

 

However, the question should be asked. 

 

What is the ultimate intent behind the coin?

 

Can you use it for smart contracts? Decentralized currencies? 

 

What is the platform it is based on? 

 

Ethereum? Cardano? XRP?

 

I would think for Rangers purposes they could be a medium of exchange within the club...potentially.

 

Apparel

Season ticket/tickets

Rangers supported events

 

However--I think for right now it is nothing more than a fan novelty as there is nothing on uses outside of

 

"check it out bro...I own Rangers crypto currency"

 

"No way"

 

If I could access the exchange I would buy a few thousand of them for shits and giggles. 

 

The Mrs. is in Asia...hmm.

 

Why not? 

 

 

 

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17 hours ago, Malangsob said:

What is the platform it is based on? 

 

Ethereum? Cardano? XRP?

I think that BitCi is the chain itself.

 

I must say that I really would laugh my head off if it had any thing to do with XRP or Cardano.

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7 hours ago, ranger_syntax said:

I think that BitCi is the chain itself.

 

I must say that I really would laugh my head off if it had any thing to do with XRP or Cardano.

Well then it's Turkish then...yeah a bit sketchy...lived there for a couple years...country is sketchy AF.

 

What's wrong with Cardano though?

 

Lot's of possibilities there. 

 

A great alternative to Ethereum. 


 

Edited by Malangsob
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9 hours ago, ranger_syntax said:

I think that BitCi is the chain itself.

 

I must say that I really would laugh my head off if it had any thing to do with XRP or Cardano.

Yeah, Bitci is its own chain.

 

Cardano is pointless as they still can't get their smart contracts to work properly.  And XRP is embroiled in a massive lawsuit with the SEC about it being securities, so can't sell anything to US citizens.

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1 hour ago, Malangsob said:

Well then it's Turkish then...yeah a bit sketchy...lived there for a couple years...country is sketchy AF.

 

What's wrong with Cardano though?

 

Lot's of possibilities there. 

 

A great alternative to Ethereum. 


 

Cardano is literally a pile of shit.  How it is still a top 10 crypto I will never know.

 

It is an awful alternative to Ethereum.  Ethereum has had smart contracts for years and has migrated to a second, enhanced version of their smart contracts..... whilst Cardano still can't get their first version to work. 

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11 minutes ago, craig said:

Cardano is literally a pile of shit.  How it is still a top 10 crypto I will never know.

 

It is an awful alternative to Ethereum.  Ethereum has had smart contracts for years and has migrated to a second, enhanced version of their smart contracts..... whilst Cardano still can't get their first version to work. 

Maybe that speaks to cryptos in general outside of Ethereum and Bitcoin.

 

The entire crypto market simply tracks Bitcoin.

 

That tells me one key thing...not much going on outside of the big two. 

 

I own all three but...the longer I dabble the evident it becomes that the crypto market IS Bitcoin.

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2 minutes ago, Malangsob said:

Maybe that speaks to cryptos in general outside of Ethereum and Bitcoin.

 

The entire crypto market simply tracks Bitcoin.

 

That tells me one key thing...not much going on outside of the big two. 

 

I own all three but...the longer I dabble the evident it becomes that the crypto market IS Bitcoin.

Basically, yes.

 

Both the top two have died a death recently too.  The rest tank when Bitcoin tanks and surge when Bitcoin does.

 

There are some other good chains like Solana and Elrond.  Solana has speed problems though Elrond is solid but new.

 

Plenty other chains out there but they all basically follow bitcoin

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