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Re:$7.6B in crypto long positions liquidated in 1 hour as Bi... by xur17 on Sunday April 18, 2021 @12:31PM (#26853879)
Because all of the money and users that you hope use your killer mainstream app have to come from somewhere - a brand new blockchain makes your app that much harder to launch.

In addition, your killer mainstream app may only be useful inside of an existing ecosystem. Ex: Uniswap is pretty useless if you don't have any assets that people want to trade.

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