Ethereum founder Vitalik Buterin, an ardent supporter and defender of cryptocurrencies, and Nouriel Roubini, a tough, merciless critic of digital technologies, continue their public war on the Internet. The topics of this week were the ETH wallet and the global financial crisis from Buterin, accusations of fraud and dictatorial habits from Roubini.
After loudly accusing Buterin of dictatorship, Nuriel Roubini continued the attack and made another accusation of crypto fraud. “Doctor Doom” accused Vitalik himself and the Ethereum development team of stealing 75% of all available Ethereum reserves for instant enrichment, calling them “billionaires with worthless assets.”
Ethereum is the real elite of scammers, and also the elite of the dictatorship.
Calling Ethereum a shadow scam, the New York economist assured the public that cryptocurrencies do not pose a threat to global financial stability due to their vulnerability and low market capitalization and will soon disappear.
Buterin could not help but respond to the accusations and, without entering into a long debate, simply published link to etherscan. This is one of Vitalik’s largest ETH wallets and currently contains 365 thousand ETH, approximately $72.8 million. The amount includes not only trading income, but also gifts and charitable donations. In addition, most recently, about $100 thousand were invested from this wallet into OmiseGo (OMG) - an open-source payment platform and decentralized exchange that runs on the Ethereum blockchain.
Responding to attacks about fragility cryptocurrency, apparently remembering Roubini’s predictions of the 2008 financial crisis, Buterin published his own, rather sarcastic “prophecy”:
I officially predict a financial crisis until 2021. Not because I have any special knowledge or because I really think so, but because this will give me about a 25% chance (or something like that) of later becoming known as “the guru who predicted the last financial crisis.”
The Twitter response immediately appeared
Vitalik, just shut up and talk about things you understand
from Nouriel Roubini, who advised the “cryptocurrency guru” to better pursue the Proof-of-Stake protocol, which has been promising a scalable, decentralized and secure system since 2013 and which is not possible to develop due to the principle of excluded middle..
Buterin parried the attack, explaining that the trilemma (trinity) of scalability has nothing to do with the Proof-of-Stake (PoS) protocol, but relates to scalable blockchains and the team is busy developing the PoS project.
Nuriel Roubini and Vitalik Buterin, prominent representatives of two inapplicable sides, are unlikely to end their public dispute here and the crypto community is in for an exciting one continuation.
Stock up on popcorn...
According to https://twitter.com
You May Also Like
Silk Road website administrator Gary Davis faces life in prison
In May 2015, the creator of the notorious darknet market Silk Road, Ross Ulbricht, was sentenced to life. Now another one of the founders, Gary Davis, will return to his homeland and appear before a US court.
John McAfee is running for President of the United States
One of the pioneers of antivirus software. One-time fugitive to Guatemala. Cryptocurrency evangelist. And now this guy wants to enter the presidential race in the upcoming 2020 US elections - John McAfee sure knows how to make some noise.
