Published
5 years ago on
October 19, 2018
“Decentralization in crypto is a myth. It is a system more centralized than North Korea: miners are centralized, exchanges are centralized, developers are centralized dictators (Buterin is "dictator for life" ) & the Gini inequality coefficient of bitcoin is worse than North Koreaâ€According to ZyCrypto: In response, Buterin agreed that centralisation of digital currency developers is an issue but he explained that he is actively “implementing multiple routes to mitigate this (eg. multiple client implementations, decentralized exchanges, various protocol features in PoS)†Buterin called out the self-proclaimed ‘crytpoanarchist’, Kelvin Pham to stand as a fair moderator for the debate and Pham accepted the offer but Roubini turned it down and called Pham a “brian-less dwarfâ€. There is yet to be a suitable moderator for the economist and so the debate is still going on at the time of writing. At the start of this month, Roubini was involved in a debate with Alex Gordon-Brander, CEO of Omega One where he looked into the future of the technology behind the blockchain. From then on, Roubini has stood tall on the opposition of Bitcoin, Altcoins and the crypto space in general. What are your thoughts? Let us know what you think down below in the comments!
