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Nick Szabo: Ethereum is going to die
| Costumed tanning salon dingle berry | 10/24/19 |
| indigo masturbator | 10/25/19 |
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Date: October 24th, 2019 1:38 PM Author: Costumed tanning salon dingle berry Multitudes and charlatans have entered the cryptocurrency and smart contract spaces who not only lack cypherpunk sensibilities, but hate cypherpunk values, including the values such as trust minimization that give cryptocurrencies like Bitcoin their market values. https://twitter.com/NickSzabo4/status/1184523046704635904
Nick Szabo 🔑
@NickSzabo4
Oct 16
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Sadly, yes, Ethereum, which once sounded so promising, has become a shitcoin as a result of devolving into a centralized cult.
Nick Szabo 🔑
@NickSzabo4
Oct 16
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The problem is you don't have nearly enough influence to make Ethereum sufficiently trust-minimized for any DeFi that is a substantial improvement over the digital finance Wall Street et. al. already do so well. Too easily corrupted yet hopelessly bloated. Rock& hard place.
Nick Szabo 🔑
@NickSzabo4
Oct 16
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It's going to die, so this is a good time to start the future projects. |
Date: October 25th, 2019 1:04 AM Author: indigo masturbator Bitcoin guy drags ethereum, that's a new one (http://www.autoadmit.com/thread.php?thread_id=4369509&forum_id=7#39024427) |