11-15-2022, 10:40 AM
Vitalik Buterin - People were more interested in the marketing of FTX and the “per
<!-- SC_OFF --><div class="md"><p><strong>“There is trust in a guy that goes around, wears a suit and gives himself a name like ‘Bankman’,” Buterin said today, noting the ads of the crypto celeb plastered around San Francisco.</strong> </p> <p>Marketing has become such a big part of crypto, from social media to sporting events, Crypto is everywhere. People nowadays care more about marketing than the fundamentals itself.</p> <p><strong>“This year we’ve seen a huge number of things that break because they have a model which is fundamentally bad,” Buterin said when asked about the collapse of FTX and other cryptocurrency companies this year.</strong></p> <p>Centralization can be dangereous with greedy people involved in it, and crypto is a space full of greed. I have so much respect for Satoshi - how he stayed anonymous. </p> <p>Ethereum isn't fully decentralized but it's a fundamentally great project and Vitalik isn't greedy anf has shown how nice of a guy he is donating <strong>b</strong>illions of dollars.</p> <p>Do you think decentealization is important, or do you invest in good projects and don't care about it too much?</p> <p><a href="https://decrypt.co/114244/vitalik-buterin-ftx-collapse-sam-bankman-fried">Link to Vitalik's quotes</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/norrissifford8474"> /u/norrissifford8474 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yuzhw5/vitalik_buterin_people_were_more_interested_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yuzhw5/vitalik_buterin_people_were_more_interested_in/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p><strong>“There is trust in a guy that goes around, wears a suit and gives himself a name like ‘Bankman’,” Buterin said today, noting the ads of the crypto celeb plastered around San Francisco.</strong> </p> <p>Marketing has become such a big part of crypto, from social media to sporting events, Crypto is everywhere. People nowadays care more about marketing than the fundamentals itself.</p> <p><strong>“This year we’ve seen a huge number of things that break because they have a model which is fundamentally bad,” Buterin said when asked about the collapse of FTX and other cryptocurrency companies this year.</strong></p> <p>Centralization can be dangereous with greedy people involved in it, and crypto is a space full of greed. I have so much respect for Satoshi - how he stayed anonymous. </p> <p>Ethereum isn't fully decentralized but it's a fundamentally great project and Vitalik isn't greedy anf has shown how nice of a guy he is donating <strong>b</strong>illions of dollars.</p> <p>Do you think decentealization is important, or do you invest in good projects and don't care about it too much?</p> <p><a href="https://decrypt.co/114244/vitalik-buterin-ftx-collapse-sam-bankman-fried">Link to Vitalik's quotes</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/norrissifford8474"> /u/norrissifford8474 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yuzhw5/vitalik_buterin_people_were_more_interested_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yuzhw5/vitalik_buterin_people_were_more_interested_in/">[comments]</a></span>