By Bitcoinist - 1 tau ki muri - Wā Pānui: 4 meneti
Jimmy Waiata raua ko Hamahona Mow vs. Vitalik Buterin, Battle Royale I LABITCONF
The fact that Jimmy Song and Samson Mow were in the same bill as Vitalik Buterin was interesting enough, but the actual panel was the equivalent of an atomic bomb blowing the stage up. What started as a discussion about the FTX collapse and saga, turned into a heated debate about bitcoin Vs. Ethereum pretty quickly. It was a spectacle. And Song and Mow ensembled into some kind of bitcoin killing machine right before our eyes.
Me timata tatou i te timatanga, ahakoa.
Besides the already mentioned characters, Ripio’s Juan Llanos and Kraken’s Alejandro Palantzas completed the panel. The moderators were Rodolfo Andragnes and Diego Gutiérrez Zaldívar, Co-founder of the Bitcoin Argentina NGO. At first, Llanos tried to explain the FTX saga in a polite way. It was a stressful situation and mistakes were made, he said. However, Samson Mow wasn’t having it. “The main problem is that they built their business on a sh*tcoin,” he said. Vitalik laughed. Everything was fine.
"The main problem is that they built their business on a shitcoin", explains @Hiranga e pā ana ki #FTX's collapse at the main stage of @labitconf
Korero atu ki a ratou, e te rangatira! #LABITCONF @JAN3com @BXLeosESP pic.twitter.com/WIcvVSL0gU
— Javier ₿astardo @ (@criptobastardo) Whiringa 11, 2022
E ai ki a Mow, "karekau he mahi ki nga kaiwhakahaere. Ko te FTX kei roto i te moenga me nga kaiwhakahaere, "he mea whakamiharo. Ko Sam Bankman-Fried te kanohi o te ngote ki te kawanatanga kia pai ake ai te umanga crypto katoa ki te whakahaere. Kei hea taua kaupapa e tu ana inaianei? Whai muri i tera, ka piki ake a Jimmy Song me tana kii ae, kua pa katoa era, engari ko te tino raru ko te whakamahi i nga ratonga tuuturu hei kaitiaki. E ai ki te whakatauki tawhito: Ehara i o ki, kaua i o moni.
I tenei wa, he pai. Engari kua puta ke te awangawanga i te rangi…
Jimmy Waiata raua ko Hamahona Mow vs. Vitalik Buterin
Finally, it was Vitalik’s turn. He criticized Bankman-Fried’s megalomania and compared the FTX billboards and the stadium naming to the behavior of dictators from the last century. Vitalik explained how the FTT racket worked, and Samson Mow dropped the bomb. Mow said that a lot of what Vitalik was saying also applies to Ethereum and all hell broke loose.
Ko te kaitakawaenga, Diego Gutiérrez Zaldívar, i ngana ki te pupuri i nga mea ki te FTX engari i rahua. I waho te ngeru i te putea. I ui a Gutiérrez Zaldívar ki a Samson Mow mo te whakamaramatanga o te "sh*tcoin" a ko te Blockstream o mua i whakaahua noa i a Ethereum me ana mahi i te wa e matakitaki ana a Vitalik me te kore whakapono. "Ko te raru ki nga sh*tcoins ko te kii kei te whakahekehia i a raatau e rere ana i runga i a Amazon, ko te nuinga, kaore he tangata e kaha ki te whakahaere i tetahi node."
'Shitcoin' definition, by @Hiranga @ @labitconf #LABITCONF @JAN3com pic.twitter.com/CYIeSKTcCA
— Javier ₿astardo @ (@criptobastardo) Whiringa 11, 2022
E ai ki a Jimmy Song, ko te tino akoranga o te hinganga o te FTX ko te tangata ki te pupuri i a raatau ano me te manatoko i a raatau ake whakawhitinga, i te waa. I whakahēhia e te waiata te ahurea Altcoin o te whakawhirinaki me te kore e manatoko. “Me ako koe ki te manatoko i au ake mea, a ki te kore koe e ako i tera akoranga ka pakaru katoa koe. He wa poto noa iho.”
Since it was two against one, Gutiérrez Zaldívar took it upon himself to protect Vitalik and Ethereum. He didn’t do a very good job. He gave Alejandro Palantzas the word and Palantzas said there’s a reason companies like Kraken and Coinbase are still in business 10 years later. They have resisted the temptation to print their own token or “sh*tcoin,” and “they didn’t do it because it’s morally wrong.” According to Palantzas, all the scammers in the space don’t understand what bitcoin tino ko. Bitcoin “is freedom, it’s liberty.”
BTC tūtohi utu mo 11/16/2022 i runga i Bitstamp | Puna: BTC/USD i runga TradingView.comKa Whakatauritea e Mow Te Ao Altcoin Ki tetahi Casino
When Samson Mow defined “sh*tcoins,” he said that they advertised themself as decentralized when they had an obvious issuer. Vitalik challenged him asking if Satoshi was bitcoin’s issuer. Mow responded that what Satoshi did was set up a number of rules that a lot of people followed, which is not the same as being a central issuer. Neither Mow nor Song stated the obvious, that Satoshi is not among us while Vitalik and other altcoin CEOs are. And their influence over the protocols they preside over is immense.
Ko Vitalik tana whiu nui o te po i a ia e korero ana mo te mahi tiaki-whaiaro ki nga taangata. I haere ia ki te huarahi e paingia ana e te marea me te kii me mahi tahi te umanga katoa ki te whakatutuki i tera, ka pahū te marea. I kii a Mow, he rereke ki nga whakapono rongonui, he ngawari te pupuri i a koe ano. Me whai noa nga tangata i nga tohutohu a te putea taputapu. I haere ano a Jimmy Song me tana kii mena karekau te tangata e pai ki te whakapau kaha me te ako i etahi mea, karekau ratou e tika ki te "moni mana motuhake."
Ano, i haere a Song mo te korokoro o te kaihanga Ethereum ma te kii "E mohio ana ahau kaore koe e pai ki te whakarongo ki tenei, e mohio ana ahau kei te hiahia koe ki te tuku moni ki a Vitalik." Ki tera, ka whakahoki a Vitalik kaore ia e whakawhirinaki ki a Vitalik me ana moni, ka whakamarama i te tatūnga o tana putea 4/6 multi-sig. He mea katakata, engari i karo i te tino patai. Kei te pokapū ia o Ethereum kaore ranei?
Hei whakamutu i te roopu tuweke engari tino ngahau, ka kati a Gutiérrez Zaldívar me tana whiu nui o te po. I kii ia kei te noho tonu nga patai tuwhera hei whakaaro ma te katoa, "no te mea karekau he pono, kei te tohatoha noa i o maatau whakaaro."
Na, he aha to whakaaro?
Featured Image: Song, Mow, and Buterin at LABITCONF, by Ed. Prospero | Charts by TradingViewKuputuhi taketake: Bitcoinko