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This same exact problem is happening in crypto today, but on a much larger scale and in a much more terrifying way. ICO after ICO, people with highly technical
by fragsworth 8y ago
This same exact problem is happening in crypto today, but on a much larger scale and in a much more terrifying way. ICO after ICO, people with highly technical backgrounds are making huge claims, many of which are certainly impossible.
It is too difficult for a layman to figure out which ones, if any, are legitimate. It requires months of studying to have any idea. Even some of the brightest folks in Crypto (like Vitalik Buterin) seem to avoid talking about other groups (like Cardano), I'm guessing because it's just so damn hard to figure anything out with any certainty. And I think this is intentional on the part of the newer ICOs, because they are largely scamming everyone.
What is Vitalik going to say - "I don't understand Cardano"? That wouldn't go over well.