By Bitcoinist - 1 tausaga talu ai - Taimi Faitau: 4 minute
Jimmy Pese Ma Samason Mow Vs. Vitalik Buterin, Taua 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.
Ae tatou amata i le amataga.
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 @Malo e uiga i #FTX's collapse at the main stage of @labitconf
Fai i ai, pule! #LABITCONF @JAN3com @BXLeosESP pic.twitter.com/WIcvVSL0gU
— Javier ₿astardo @ (@criptobastardo) Novema 11, 2022
E tusa ai ma le tala a Mow, "e leai se mea e fai i le pulega. FTX sa loloto i luga o le moega ma faʻatonu," o se tulaga tulaga ese. Sam Bankman-Fried o foliga o le susu atu i le malo ina ia sili atu le faʻaogaina o le pisinisi crypto atoa. O fea o tu ai lea gaioiga i le taimi nei? Ina ua uma lena, na maualuga atu Jimmy Pese ma fai mai ioe, o na mea uma na tupu, ae o le faafitauli moni lava o le faʻaaogaina o auaunaga faʻapitoa e avea ma tagata e tausia. E pei ona fai mai le muagagana: E le o au ki, e le o au tupe.
I le taimi nei, e matua lelei lava. Ae ua leva ona i ai le vevesi i le ea…
Jimmy Pese Ma Samason 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.
O le fa'atonu, Diego Gutiérrez Zaldívar, na taumafai e fa'amautu mea i le FTX ae na le manuia. Ua alu ese le pusi mai le ato. Na fesili Gutiérrez Zaldívar ia Samson Mow mo le faʻamatalaga o le "sh * tcoin" ma o le Blockstream muamua na faʻamatalaina Ethereum ma lona gaioiga aʻo vaʻavaʻai Vitalik i le le talitonu. "O le faʻafitauli i sh * tcoins o loʻo latou faafoliga e faʻasalalau aʻo latou tamoʻe i luga o le Amazon, tele, ma e leai se tasi e mafai ona faʻaogaina se node."
'Shitcoin' definition, by @Malo @ @labitconf #LABITCONF @JAN3com pic.twitter.com/CYIeSKTcCA
— Javier ₿astardo @ (@criptobastardo) Novema 11, 2022
E tusa ai ma le tala a Jimmy Pese, o le aʻoaʻoga moni a le FTX o le tatau lea i tagata ona puipuia le tagata lava ia ma faʻamaonia a latou lava fefaʻatauaiga, vaitaimi. Pese na faitioina le aganuu a Altcoin o le faʻalagolago ma le le faʻamaonia. “E tatau ona e aʻoaʻoina pe faʻafefea ona faʻamaonia au lava mea, ma afai e te le aʻoaʻoina lena lesona e te faʻaleagaina uma. Ua na o sina taimi lava.”
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 e moni lava. Bitcoin “is freedom, it’s liberty.”
Siata ole tau ole BTC mo le 11/16/2022 ile Bitstamp | Punavai: BTC / USD luga TradingView.comMow Fa'atusatusa le Altcoin World Ise Kasino
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.
O Vitalik na sili ona lavea i le po ao talanoa e uiga i le faʻaogaina o le tagata lava ia e faigofie i tagata masani. Na ia alu i le auala e fiafia i ai le motu o tagata ma fai mai e tatau ona galulue faatasi le alamanuia atoa e faia lena mea, ma na paʻu tagata lautele. Fai mai Mow, e feteenai ma talitonuga taatele, o le pulea e le tagata lava ia sa faigofie. E tatau lava i tagata ona mulimuli i faatonuga a le atotupe meafaigaluega. Na alu atili Jimmy Pese ma fai mai afai e le naunau tagata e faia se taumafaiga ma aʻoaʻoina ni nai mea, latou te le agavaa i "tupe e pulea e le tagata lava ia."
E le gata i lea, na alu le Pese mo le faai o le Ethereum i le fai mai "Ou te iloa e te le manaʻo e faʻalogo i lenei mea, ou te iloa e te manaʻo e tuʻuina atu lau tupe ia Vitalik." I lena mea, na tali atu Vitalik na te le talitonuina Vitalik i ana tupe, ma faʻamatalaina le seti o lana atotupe 4/6 multi-sig. O se mea malie, ae na aloese mai le fesili moni. O ia i le ogatotonu o Ethereum pe leai?
Ina ia faʻauʻu le laulau faʻafefe ae sili ona malie, na tapuni ai Gutiérrez Zaldívar i lana lavea sili o le po. Fai mai a ia, o fesili tatala e tumau pea mo tagata uma e mafaufau i ai, "ona e le o ia i tatou le mea moni, ua na o le fefaasoaaʻi o tatou auala e mafaufau ai."
O le ā la sou manatu?
Featured Image: Song, Mow, and Buterin at LABITCONF, by Ed. Prospero | Charts by TradingViewPunavai autu: Bitcoino