Crypto industry heavyweights clash over intellectual honesty of Bitcoin maximalism - BitcoinEthereumNews.com
Bitcoin क्रिप्टोक्रिप्टो उद्योग के दिग्गज बिटकॉइन अधिकतमवाद की बौद्धिक ईमानदारी पर टकराते हैं07 / 27 / 2022बिटकॉइन एथेरियम समाचार इनपुट आउटपुट सीईओ चार्ल्स होस्किनसन responded to a recent Cory Klippsten interview by calling the Swan Bitcoin CEO “an idiot.” Hoskinson took exception to Klippsten calling blockchain a “marketing scam.” Specifically, Klippsten said blockchain is “a slow and expensive database,” but its only use case of merit is “as part of the system designed for Bitcoin.” Since the Terra scandal and subsequent industry-wide deleveraging that followed, Bitcoin maxis have grown more vocal in condemning everything that isnt Bitcoin. While some have labeled this mindset as “toxic,” On-Chain Analyst जिमी सांग said maxis “were not toxic enough,” resulting in the loss of billions over recent events. Bitcoin Maximalists were not toxic enough. This is why people lost billions on Luna, Celsius, 3AC and more. - जिमी सॉन्ग (송재준) (@jimmysong) जुलाई 26, 2022 Klippsten tears down blockchain During the interview, Klippsten denied the narrative that blockchain technology is revolutionizing the internet to foster greater utility. He dispelled the idea that blockchain is cutting-edge tech, saying it dates from the 80s and isnt faster or cheaper than competing technologies. However, the only exception to this, insofar as offering a degree of value,