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by vinniejames 1580 days ago
Stacks is really going off in the wrong direction here.

If they aren't building an EVM compatible chain, they are going to fall quickly behind in the space and never recover

2 comments

I agree about that as well as how its getting pushed on local governments.

Stacks is pushing all these CityCoins (or vice versa, hard to tell) to municipalities and to gullible mayors who are trying to seem fintech trendy and it is embarrassing. None of these coins have a demand system, it is just supply inflation exclusively.

Its just too bad that this less optimal experience is going to burn so many municipalities as their first exposure to crypto.

That’s a shame because EVM is technological trash, a hurriedly designed code base full of security holes and other problems. It gives me heartburn that so much financial value is being built on top of it.
People used to say the same thing about JavaScript, now it runs most of the internet.

No reason EVM can't evolve to be less cumbersome