There are some exchanges that are more decentralised (and older) than Hyperliquid. Hyperliquid, while being the most popular one, is not the only horse in the town.
E.g. GMX on Arbitrum chain is no longer prohibitively expensive.
You want to buy bitcoin to be a bitcoin investor. But if you want to actively trade, both buy and sell, futures offer much more capital efficient solution. With leverage, you can make larger trades with less money.
There are other exchanges that are much more centralised, like Hyperliquid, and it is incorrect to call these decentralised. But there are truly decentralised alternatives as well.
GMX is not as popular, let's say Binance, because onchain user experience has been very hard. You don't want to sign every order from your crypto wallet. Transaction cost ("gas fee") used to be too high for trading. This is finally changing with the latest Ethereum improvement proposals, dealing with so called account abstraction.
[1] Because futures always settle on an external price, the price feed must come from some oracle. In the case of GMX, there are keepers (multiple of them) who are responsible to bring the correct price to Arbitrum chain and trigger the settlement. But it's not a single party.
Correct. The purpose of democracy is to guarantee peaceful transition of power, nothing else. Because historically this has been found to be the most critical issue killing nations.
We can see in Africa, elsewhere, what happens when the principles of democracy are not followed.
> Because historically this has been found to be the most critical issue killing nations.
This sounds tautological, like "stable states are stable". There are many stable states that don't have term limits on their head of state, and there are many unstable states with 4-6 year presidential terms.
Democracy-as-in-term-limits is a relatively meaningless historical indicator. When political stability is threatened, term limits are swiftly discarded. When the military junta is stabilized, it may introduce term limits to justify its reign (while actively filtering viable candidates).
Did you go to high school in the country that made this law? In addition, how many farmers in that country get high school education?
From what I read getting grades 1-8 is common in Kenya, but the high school years of education drop off significantly with only around 40% of the population getting that education, and making an educated guess that would target city people more than those that would be farmers.
Programming language ergonomics matter and there is a reason why Lisp has so little adoption even after a half a century.
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