🥳 💵 THE TIP Culture and why it's good. (Opinion Piece) 🤔 🤌

Growing up in a major city 40 years ago I'd see people, like my Dad, give tips to everyone who's job it was to lend a helping hand.

Doorman? Tip
Taxi...Tip
Server-Tip
Grocery Bagger/Tip.

Everyone got a little something. It was just the way.

Today there's still a tip culture though maybe changed slightly.

Giving out small 'thank yous' in monetary form will never go away, and it never should.

Take TipCoinETH for example... a cryptocurrency project that aims to reward social interaction on X by using points and tokens.
Users can earn points by tweeting, replying, or quoting tweets that mention @tipcoineth and $tip. The more engagement they get, the more points they earn. Points can be claimed for TIP tokens, which are based on the Ethereum blockchain. The name Tip comes from the idea of tipping friends and creators without leaving the X platform.

And there's also tipping now right here on Binance Square. Leaving me a tip would be a mightily fine deed, absolutely. To nostalgia...to tipping!

👀 ⛵︎ The problem with new L1 Blockchains and their native tokens. 🌹 💨The crowd cheers: "We don't need anymore L1's!"It's a commonly held position that we've got MORE than enough Layer 1 Blockchains
and it's futile *or worse* to keep developing more.But if this notion was so obvious not why but HOW do new L1's keep cropping up and getting enormous funding?What's so exciting or rather, where is the potential in a new L1 and their native token?Follow me now and let's explore this together!

☄️ 🔥 Throw away money to invest long term?! BURN: Their terrific attitude. 🧐 #INJ gets it. Create conditions that set up for success. Totally Decentralized. This is why will win.Burning coins is a deflationary technique that removes coins from the market by sending them to a dead-end address. This lowers the total number of coins and makes the remaining ones more scarce and valuable. It is a way of increasing the coin’s price and giving more buying power to the holders.
A burn auction is a system that lets users compete to burn coins and get rewards in exchange. For instance, in users can stake INJ tokens to become validators and secure the network. The staked tokens are gathered in a burn auction pool and are destroyed regularly, creating a steady demand and supply cut for INJ tokens. This also makes the validators and the token holders have the same goals, as both gain from the higher value of INJ.
The reason for burning coins is that it is a way of sharing value with all coin holders, not just a specific group or entity. By burning coins, the value of each coin grows equally, as there are less coins in the market. This is different from other ways of sharing value, such as dividends or buybacks, which may be unfair to some holders, or cause tax or legal problems.
Burning coins is not wasting money, but rather investing in the long-term value of the coin. It is a way of showing trust and dedication to the coin’s future and creating a positive cycle that draws more users and investors. It is also a way of lowering inflation and volatility, which can improve the coin’s stability and usability.

#MyFirstSquarePost Hello, Binance Square!