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> Where there was a feeling of revolution and new beginnings, now there are people in suits talking corporate. I read both "Digital Gold" by Nathaniel Popper a
by bhaak 6y ago
> Where there was a feeling of revolution and new beginnings, now there are people in suits talking corporate.
I read both "Digital Gold" by Nathaniel Popper about the early days of Bitcoin and "The Infinite Machine" by Camila Russo about the inception of Ethereum and the difference between the early sentiment in those two projects is striking.
Bitcoin came from a cypherpunk background and was very anti establishment whereas Ethereum seems to have been setup and conducted like a startup company. There was much more money involved starting the latter project.
I can relate to the sentiment of the author though, money sucks the fun out of many things.
But finance is at the heart of both projects, so it's too be expected that they get more professional and more business-like while they grow.
- te_chris 6y agoBoth of ETH and BTC's points these days is speculative gambling by people who care enough about finance to understand that, so people being shocked that finance people are invovled in something that it's possible to gamble on is a bit rich. It certainly isn't useful as "the world computer" or whatever: have you seen gwei lately??