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by status200
1176 days ago
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Quick rant: it was so much fun playing with and testing the ETH ecosystem, it felt like we were really trying to reinvent how finance worked and outsourcing trust to static contracts. It felt like decentralized systems were at least plausible. Then Elon and the second Doge wave happened... Mutant Ape NFTs getting hyped by people like Paris Hilton and Jimmy Fallon... Sam Bankman's clear deception and FTX buying sports stadiums... the same centralized actors that we were working to get away from completely hijacked the platform, seized the narrative, and basically tarnished all the fun aspects. It felt like when Facebook no longer required .edu emails and a flood of parents and spammers took over the website. |
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