OMG is gonna be huge, isn't it?

ccn.com/south-koreas-largest-banks-are-pro-cryptocurrency-omisego-secures-deal/

Also- I thought it was Japanese, the fuck? Japan hates Korea.

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They’re working with Japan as well... they have one twitter handle or YouTube channel that is Omise_japan

Korea was a surprise. They have Japan and Thailand too. Singapore and Indonesia are next.

Look up the global trade connectivity network.

My theory: The Global Trade Connectivity Network will map dozens of banks across various countries in Central Asia, Pacific Asia, and South East Asia, while simplifying cross boarder payments. "Project Ubin" is an initiative that has already been undergoing testing in Hong Kong & Singapore with backing from from blockchain research facilities and may be using ripple/stellar technology.

As part of the initiative to expand this network to southeast asia and pacific asia (Japan..) with Project Ubin Phase 2, "AFIN" is creating the decentralized platform. The platform will help bridge SEA into the network of simplified cross boarder payments, while also offering services for under-banked people in SEA. The end goal of Project Ubin is to offer a global financial solution, which is currency agnostic and easily accessible by any third party business or individual.

If OMG continues its reach in Korea it will be that much more adopted. There are still many details kept secret

Do people realize that once sharding is out Vitalik has literally computed that a plasma sharded transaction fee will be approximately $0.00001?

Even if OMG manages to transact a dozen trillion transactions a year you're still not making anything in staking off of that unless you're in the top 100 wallets.

So what the fuck is the point of this shit? It's literally a Ponzi scheme where the only people who can actually benefit in a serious, life changing way, are Vitalik and his friends. And then he has the audacity of pretending to be for the little guy? Please.

Do any of you know how governance will work on the OMG blockchain?

>muh they announced fee floors
>muh the fee will be dynamically determined

Will you get a vote of you aren't staking? Who will be staking? (not "will pools exist" but who will actually care about staking given the size of their stake -- the rich).

So you're going to have a small group of people who don't care about your small stake deciding to keep tx fees low to stay in the good graces of the wunderkind meanwhile all the other 500,000 OMG holders are completely fucked with $0.00001 fees making any investment in the network completely worthless and the million coin wallets can at least take home a decent income -- enough to keep travelling around the world talking about how much they need to help the poor!

Blockchain is a particularly disgusting animal combining Ponzi scheme and religious signaling. The only people rich enough to do the signaling are those early enough to fuck everyone over.

Hey, I hope OMG explodes in value enough to make your investment worthwhile. But don't count on making a single penny in staking. That's Vitalik's game.

For the poor.

realistic eoy price prediction?

Why did the gooks use OMG and not fucking ICON. GOT DAMNIT I HATE HOLDING THESE ICON BAGS I GOT GOOKED REEEEEE

Where are your sources faggot? You're criticizing assumptions by making assumptions (which are heavily exxagerated)

Either way, yes crypto is a ponzi but you can make a ton of money with already having capital and investing in the right projects.

That doesn't work if you're a migger with a few grand in the bank FUDDing all day. You're still going to be a migger living on the government like a leech

don't care about staking because I'm never going to have enough to make it via staking anyway, but what do you think of the price of OMG? how high can it go?

I am no migger. Vitalik has said it himself on Reddit about 4 months ago.

This entire project is a sham. How is your 200 validator maximum any different from dPoS? So you can't vote on a validator but attach your stake to a pool instead? Oh wow! Very impressive much decentralization.

How are you going to make enough money with your $0.00001 transaction fee?

How are you going to convince the whales with their 4,000,000 OMG to vote to keep your fees above a penny because otherwise it won't make any difference to your bottom line with your 1,500 OMG?

How will you convince King Autism that people don't actually give a fuck about the difference between a $0.01 And a $0.0000000001 fee when he brings up starving Nigerians?

This entire fucking thing is a humanitarian ejaculation by an autist who has already made it and doesn't give a fuck about the dumb money spent leading up to his saintly creation.

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