I went through it, and I can't say that it's any better than what your average corporate response is like. It brushes over Sirer's points by making note of irr

I went through it, and I can't say that it's any better than what your average corporate response is like. It brushes over Sirer's points by making note of irrelevant 'achievements' they have managed. The format also reads like a high school teacher nitpicking your paper, where most of his arguments boil down to 'yeah but that doesn't really matter, because...' I read the whitepaper (a cryptocurrency-fanatic friend pointed it out to me) just a few days before Sirer's post was published, and I noted a few of Sirer's main arguments immediately after reading it. It's not hard to understand the essential problems regarding limited reserves and market-trailing, and this response addresses nothing. It's wishy-washy investor-rubbing talk, not the legitimate debate and discourse they say the want.