Tuur Demeester

I originally saw [Litecoin] as a hedge against a particular Bitcoin panic; now it's just an altcoin with a reasonable amount of liquidity.

IOTA is a bad joke but still has a $4B market cap, 5x that of last summer. ICO market seems frothy still.

I'm afraid Tether is an accident waiting to happen. I won't be surprised if bank accounts freeze on accusation of abetting with money laundering.

As I said before, I have serious concerns about STEEM. How is it mined? What's to say there's no hidden "god mode"?

I’m skeptical of [hybrid POW/POS systems like Decred]. I’m open to it potentially working, but, to me, Bitcoin is really a mechanism to convert electricity into financial reliability. If you start to inject protocols with some energy and some voting . . . I struggle to see how that’s more efficient or better somehow or creates better reliability than what Bitcoin does.

Many [altcoins] have a massive lack of credibility. E.g., Dogecoin: joke coin, abandoned by its founder, zero development, market cap of +$1bn.

[A] huge issue that Ethereum has is with scaling. By putting “everything on the blockchain” (which stores everything forever) and dubbing it “the world computer,” you are going to end up with a very slow and clogged-up system.

By now the Ethereum bloat is so bad that cheaply running an individual node is practically impossible for a lay person. ETH developers are also imploring people to not deploy more smart contract apps on its blockchain. As a result, and despite the claims that running a node in “warp” mode is easy and as good as a full node, Ethereum is becoming increasingly centralized. . . .

In my view, Ethereum is the Yahoo of our day — an unscalable “blue chip” cryptocurrency.