Stop worshipping Vitalik (or other crypto “legends”). Trust the code instead.

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Stop worshipping Vitalik (or other crypto “legends”). Trust the code instead.

Stop worshipping Vitalik (or other crypto "legends"). Trust the code instead.

This bear market has taught us not to trust centralized exchanges. The idea extends beyond that. We should be trusting algorithms over people.

https://preview.redd.it/dzj3wpwzwp1a1.png?width=607&format=png&auto=webp&s=2fc8fccc1872d2bcf54e9b2eafe5f845a0cec573

SBF would spend customers' money on donations, buy failed projects in the name of saving crypto, and utter good-sounding words. This image would help him raise more so that he could scam more people and the bubble got so big, it burst.

After gambling away people's money (and lives), he said

"I feel bad for those who get f*cked by it. By this dumb game we work westerners play where we say all the right shibboleths and so everyone likes us".

More shockingly, his biggest regret was

  • Not spending customers' money
  • Not lying to everyone
  • But filing for bankruptcy instead of raising more capital

Before that, we had another gem "Do Kwon"

When his not-so-stable coin was called out, people's reaction was "We like the guy, we're going to keep trusting" and surprise surprise they got rugged pretty good. Some even took their lives.

These examples should be enough to open our eyes

I think Crypto wouldn't have been where it is today without Vitalik. But idealizing him gives way to idealizing opportunists as well and in the end, people get hurt.

Stop idealizing the individuals. Trust the code instead

submitted by /u/ateqio
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