![]() ![]() I need to know that no one at the Ethereum foundation, no individual can change the protocol because if they could change the protocol, it makes it a security and if it makes it a security, then it’s not going to become global money.While others are worried about price action, #BSV is creating the market. “‘ Ethically sound’ means I need to know that nobody could change, which includes Vitalik. Right? Because if you are hard forking and changing it, every time you do a big upgrade, you introduce new attack surfaces… “ ‘Technically sound’ means I need to see the protocol function for that thing after about five to 10 years. Regarding the soundness of Ethereum, Saylor said: The CoinDesk report mentioned that Saylor had “noted that he was speaking as an institutional investor and in that regard, one would ‘have to wait until the protocol is complete.’” Apparently, “he pointed out that Ethereum co-founder Vitalik Buterin said in a speech last week that Ethereum was 40% done and had laid out a roadmap of three to four years, which means the ‘protocol doesn’t look like it’s going to be completed or stable for another 36 months.’” This is how the Bitcoin maxi looks when advocating regulation of ETH on securities grounds.- Erik Voorhees August 6, 2022Īccording to a report by CoinDesk, on July 27, MicroStrategy CEO Michael Saylor, who is a self-confessed Bitcoin maximalist, spoke at a two-day crypto conference in Turkey - “Blockchain Economy Istanbul” - where he shared his thoughts on Ethereum. Grotesquely and short-sightedly self-serving. Imagine an Ethereum maxi advocating regulation of Bitcoin on ESG grounds.ĭistasteful. Point out how funding models change neutrality, but don’t call that a scam, cause its not.“ “ Focus on why Bitcoin is unique, talk about the difference of approach and conservatism and a focus on why Bitcoin is the only real candidate as a truly neutral currency for the internet. And because of the ‘us-vs-them’ culture that has developed in cryptocurrency, many ETH folks (like Ripple before them) will move on to lobbying regulators to make it harder and harder to access Bitcoin ‘because PoW boils the ocean’. ![]() “ With ETH (finally) moving to PoS, people who’ve only heard about how ‘PoS won’t work’ from Bitcoiners will have even less reason to care about what Bitcoiners have to say. The ‘narrative wars’ are coming, arguably are already here. Sure, some of them are scams and may deserve it, but it doesn’t help BTC. “ This is particularly damning to Bitcoin b/c, instead of its most vocal proponents explaining why Bitcoin is great and unique, its most vocal proponents spend all their time just attacking other projects. While there was a time where ~everything except Bitcoin was basically a scam, that hasn't been true for a long time, and the smart money has moved on to figuring out which projects are going somewhere, and which are straight pump-and-dumps.- Matt Corallo August 8, 2022 ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |