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Nick Szabo: Ethereum is going to die

Multitudes and charlatans have entered the cryptocurrency an...
Histrionic Spruce Dilemma Hominid
  10/24/19
Bitcoin guy drags ethereum, that's a new one
irradiated marketing idea public bath
  10/25/19


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Date: October 24th, 2019 1:38 PM
Author: Histrionic Spruce Dilemma Hominid

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.

(http://www.autoadmit.com/thread.php?thread_id=4369509&forum_id=7#39021611)



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Date: October 25th, 2019 1:04 AM
Author: irradiated marketing idea public bath

Bitcoin guy drags ethereum, that's a new one

(http://www.autoadmit.com/thread.php?thread_id=4369509&forum_id=7#39024427)