Comment by SwagtimusPrime on 17/05/2020 at 20:49 UTC

3 upvotes, 1 direct replies (showing 1)

While we're at it, let's talk about how Bitcoin is mostly mined in China. Or how the development in big parts is in the hands of a for-profit company, Blockstream. Or how the blocksize debate was decided by means of censorship on important community hubs like r/Bitcoin. Nobody takes you seriously.

eth developers are the laughing stock of literate tech world and are laughed out of every presentation they ever give.

In fact Ethereum is so popular that Ernst&Young held a 3 day conference about their advances in bringing Ethereum to big companies. Their initiative is an open-source protocol, called Baseline. https://docs.baseline-protocol.org/

I will put you on my blocklist now because I do not need more toxic crypto shitheads in my life. Just keep circlejerking in r/Bitcoin, I'm sure that's a lot of fun to have one big event every 4 years to look forward to. Much development, such wow.

Replies

Comment by ethereumfail at 17/05/2020 at 21:16 UTC

0 upvotes, 1 direct replies

good link from a technically illiterate person trying to explain how centralized things are magically decentralized for no reason. See one of the responses:

https://medium.com/@nextlevelcrypto/rule-of-thumb-eth-fans-are-always-wrong-as-its-required-to-have-0-technical-literacy-to-become-8581e945301a

let's talk about how Bitcoin is mostly mined in China

False equivalency, very often used by Ethereum to excuse being scammers.

Mining is permissionless to anyone and has unforgeable costliness, which means miners sell to and, thus, depend on users/owners/buyers to break even with costs ~ rewards. This means any number of parties control supply, incentives, markets, and blockchains. You do not have to trust miners, their incentives are heavily aligned with what users via markets decide is best.

This is completely different from a single party being able to control majority of supply for free, and the markets that control value of miners incentives, without any other party being able to do anything about it because on every fork the 70% of supply is owned by same party. It's literally the exact opposite of decentralizing control and incentive is for sellers to get as much of free supply as possible - Ethereum developers are so stupid, their security depends on incompetent central devs literally refusing free money, opposite of all rational designs.

Or how the development in big parts is in the hands of a for-profit company, Blockstream

difference between blockstream and ethereum foundation is blockstream doesn't have anywhere close to 15m bitcoin to match the same central premine Ethereum Foundation had free control over to force changes - similar to what they did when they censored and confiscated from users while gloating when they literally crush the value of the any dissenting forks.

Or how the blocksize debate was decided by means of censorship on important community hubs like r/Bitcoin.

You mean like /r/ethereum banned almost everyone who discusses the premine or criticized Ethereum. Reddit is terrible for discussions anyway due to having moderators. I don't agree with censorship on /r/bitcoin but people were literally shilling literal scams like Ethereum there and I can understand if moderators were only trying to protect people from malicious scammers like Vitalik.

Nobody takes you seriously.

If Ethereum was a legitimate project, everyone would use it. Literally everyone not using Ethereum hates Ethereum, which includes virtually all non-central-premining developers in this field, i.e. all ethical rational developers. Nick Szabo takes laughing at scams like onecoin/ethereum/bitconnect seriously, and he invented smart contracts

np.reddit.com/r/ethereumfraud/ note nearly thousand different sources, including countless altcoin developers, all criticizing ethereum on this blog subreddit here

In fact Ethereum is so popular that Ernst&Young held a 3 day conference about their advances in bringing Ethereum to big companies

doesn't matter, infinite users will not change ethereum's broken premine design to make it less centralized or any less of a scam. it's a simple fact, there are no technically literate on this subject, rational, or ethical people supporting ethereum since choosing a broken scam defines them as such with no possible exceptions. feel free to name any other possibility - there are none.

Just keep circlejerking

feel free to add every non-premined cryptocurrency subreddit to your list of insults since they all say same exact thing about every ethereum/eos/tron/bitconnect/onecoin type project

You have no rational arguments, none exist.