Jimmy Kanzunetta U Samson Mow Vs. Vitalik Buterin, Battle Royale Fil-LABITCONF

By Bitcoinist - 1 sena ilu - Ħin tal-Qari: 4 minuti

Jimmy Kanzunetta U Samson Mow Vs. Vitalik Buterin, Battle Royale Fil-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. 

Ejja nibdew mill-bidu, għalkemm. 

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 @ Tħassir dwar #FTX's collapse at the main stage of @labitconf

Għidilhom, kap! #LABITCONF @JAN3com @BFXLeosESP pic.twitter.com/WIcvVSL0gU

— Javier ₿astardo @ (@criptobastardo) Novembru 11, 2022

Skont Mow, “dan ma kellu xejn x’jaqsam mar-regolaturi. FTX kien profondament fis-sodda mar-regolaturi,” li huwa punt fenomenali. Sam Bankman-Fried kien il-wiċċ li jiġbed lill-gvern biex jagħmel l-industrija tal-kripto kollha aktar faċli għar-regolaturi. Fejn jinsab dak il-moviment issa? Wara dan, Jimmy Song mar saħansitra ogħla u qal li iva, dak kollu ġara, iżda l-problema reali hija l-użu ta 'servizzi ċentralizzati bħala kustodji. Kif jgħid il-qawl antik: Mhux iċ-ċwievet tiegħek, mhux il-muniti tiegħek. 

S'issa, hekk tajjeb. Imma diġà kien hemm tensjoni fl-arja...

Jimmy Kanzunetta U Samson 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.

Il-moderatur, Diego Gutiérrez Zaldívar, ipprova jżomm l-affarijiet iffokati fuq FTX iżda falla. Il-qattus kien barra mill-borża. Gutiérrez Zaldívar staqsa lil Samson Mow għad-definizzjoni ta '"sh * tcoin" u l-ex Blockstream għadu kif iddeskriva Ethereum u l-funzjonament tiegħu filwaqt li Vitalik ħares b'nuqqas ta' twemmin. "Il-problema ma 'sh*tcoins hija li jippretendu li huma deċentralizzati waqt li jkunu qed jaħdmu fuq Amazon, l-aktar, u ħadd ma jista' jmexxi node."

'Shitcoin' definition, by @ Tħassir @ @labitconf #LABITCONF @JAN3com pic.twitter.com/CYIeSKTcCA

— Javier ₿astardo @ (@criptobastardo) Novembru 11, 2022

Skont Jimmy Song, il-kollass tal-FTX lezzjoni reali kienet li n-nies iridu jżommu lilhom infushom u jivverifikaw it-tranżazzjonijiet tagħhom stess, punt. Song ikkritika l-kultura Altcoin ta 'fiduċja u mhux verifika. “Għandek bżonn titgħallem kif tivverifika l-affarijiet tiegħek stess, u jekk ma titgħallimx dik il-lezzjoni tkun qed titkisser kollu. Hija biss kwistjoni ta’ ħin.”

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 tassew. Bitcoin “is freedom, it’s liberty.”

Ċart tal-prezz BTC għal 11/16/2022 fuq Bitstamp | Sors: BTC/USD fuq TradingView.com

Mow Tqabbel Id-Dinja Altcoin Ma '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. 

Vitalik kellu l-akbar suċċess tal-lejl waqt li tkellem dwar li l-kustodja personali tkun konvenjenti għal nies regolari. Huwa mar ir-rotta tal-folla li pjaċir u qal li l-industrija kollha għandha taħdem flimkien biex dan iseħħ, u l-pubbliku sploda. Mow qal li, kuntrarjament għat-twemmin popolari, l-awto-kustodja kienet faċli. In-nies għandhom biss isegwu l-istruzzjonijiet tal-kartiera tal-ħardwer. Jimmy Song kompla lil hinn u qal li jekk in-nies mhumiex lesti li jagħmlu sforz u jitgħallmu ftit affarijiet, ma jixirqilhomx “flus awtosovrani.” 

Ukoll, Song marret għall-gerżuma tal-kreatur tal-Ethereum billi qalet "Naf li ma tridx tisma' dan, naf li trid tagħti flusek lil Vitalik." Għal dan, Vitalik wieġeb li lanqas biss jafda lil Vitalik bil-flus tiegħu, u spjega s-setup tal-kartiera 4/6 multi-sig tiegħu. Li kien umoristiċi, iżda evadiet il-mistoqsija reali. Huwa fiċ-ċentru ta 'Ethereum jew le?

Biex itemm il-panel skomdu iżda estremament divertenti, Gutiérrez Zaldívar għalaq bl-akbar hit tiegħu tal-lejl. Qal li l-mistoqsijiet miftuħa jibqgħu biex kulħadd jaħseb dwarhom, “għax m’għandniex il-verità, qed naqsmu biss il-mod ta’ ħsieb tagħna.”

Allura, x'taħseb?

Featured Image: Song, Mow, and Buterin at LABITCONF, by Ed. Prospero | Charts by TradingView

Sors oriġinali: Bitcoinhuwa