I go with "just naive". I do not think he intended to scam people in the beginning. Maybe he thinks it can really be done, which is naive or maybe it is just not doable to day and the idea is way ahead of its time. Recently I have been thinking the same of Ethereum whether the original or the fork. Vitalik himself might be starting to think that his platform is not viable for what he wants to happen.

you could be right.

i do get the feeling he already moved on.

maybe he seeks a job with microsoft .... but thats just thoughts.


he is a coder he is deep in his mind forming structures but i think he is not much in reality and if reality gets tough he tends to dive into code develeoping that calms his emotions. but thats just an impression i got .

In Reply

Clearly, the ETC crowd know very little about businesses and they have no awareness of business and entrepeneurial history!

Peter Jones - from the UK version of Dragon Den fame, 1st business went bankrupt a common part of the learning curve

Simon Cowell - from X Factor fame, went bankrupt in his thirties a common part of learning curve

The failure of a person's 1st business does not really make much difference to long term success in future ventures!

Vitalik Buterin has, clearly, learnt from his 1st business experiences and improved his business acumen.

And, it curious how the other developers never get mentioned:

Gavin Wood →Lead C++ developer
Jeffrey Wilcke → Lead Go developer
Anthony Di Iorio → Founder and Executive Director of the Bitcoin Alliance of Canada, Bitcoin Decentral, KryptoKit
Mihai Alisie → Founder of Bitcoin Magazine and Egora
Joseph Lubin → Software engineer, Quantitative Analyst
Stephan Tual →Founder of Ursium, Communication

Another illiterate post by you - are you trying to set world record for the crappiest posts in Bitcointalk history!

Closing a business down, is one of most heavily regulated processes in countries (lots of laws).

There is no evidence of any impropriety and your post is like yourself is: ridiculous!

Yes, I also believe more in naivety. Nobody can deny that VB is very smart and I believe he is truly a visionary. But he is also young and unexperienced. Three years ago he just was 19.

The problem I believe to see is: Maybe he is somebody who is so convinced about his abilities, so self-confident when he thinks about his visions as theoretical possibilities that he can't distinguish between "theoretically possible" and "doesn't match to reality now". I'm not sure how to explain it in english but it can be a problem. And of course it's pure speculation. But I personally always was very uncertain about Ethereum because for me it all seems like a laboratory, like a playground for nerds. And many are very skilled regarding the tech but there must be something like megalomania (in general) and they rush things out. Again and again, just to do it. That's not just a guess because theDAO made that obvious. And the problem in Crypto is: It's never just about the tech. It's a very psychological space because it's about the combination of tech and economy. In fact it's about solving collective social problems, human-psychological-problems, with technology. And that's a reason why it's overwhelming for a lot of very skilled coders, because they focus too much on the technology while they miss the psychological part. Or more precise: They believe to consider it, but it's not deep enough.

And that's a reason why I personally believe more in people with a lot of experience who act with more patience and more cautiousness, like Maid or Factom or also Bitcoin-Core - even if I'm not convinced that Bitcoin-Core is right.

And I believe VB will be a very big name in some years and also very successful. I also believe he is a good guy without bad intentions. But I don't believe that it will be about Ethereum. Maybe they've made too many steps into a direction that won't work in reality but can't be solved.

I would like to welcome myself to the ANN thread for the Central Bank of Cryptocurrency.

Keep doing you ETHf. The mightiest bubble in all of cryptography.

https://www.youtube.com/watch?v=r1VK8BLf5Ls
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