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by xirbeosbwo1234 1984 days ago
My laptop is more secure than any cryptocurrency by a wide margin. The programming and security model of Ethereum is absolutely bonkers, with front-running bots running rampant and "smart" contracts getting their funds siphoned every day.

Remember the DAO? Man was that funny. I'm still shocked that that wasn't the end of this whole Bitcoin fad.

Let's not let big numbers obscure the fact that the model is fundamentally broken. You could spend a quadrillion dollars building a cryptocurrency and I could still get a faster and more secure system for $50 on eBay.