Tuesday, June 21, 2022

Tuesday Trivia: Of Vitalik Buterin's Statesmanship -- No Boxing Shkreli. And Bitcoin Fighting To Hold $21K... But. It. Won't. Matter.


As Riot briefly shows a NASDAQ price above $5. . . we just smile. This temporary pop in Bitcoin spot pricing is solely whales pumping, only to unload more, shortly -- since Bitcoin has fallen below its 2018 all time high. The whales are ultimately sellers, not buyers here. Now, as to Martin's proposed boxing match, proper:

First, it won't ever occur. The founder of Ethereum won't debase himself, so as to be associated in infamy with Martin -- I suspect, even if it were for a worthy charity. [And yes, Summer's longest day brings us only news of the trivial, as this item amply demonstrates. . . we scrape from our other properties, as the Atemis test showed a few glitches yesterday, but ultimately was able to be fueled up and pass the wet test. Nuthin' new on Amazon, yet. So here we are -- skinny lil' tech guys / boxing matches?! Ugh.]

But that aside, it all points out how little Shkreli actually absorbed, about being an adult, in his time away. Mr. Buterin said unkind things (Martin imagined) about his understanding of the crypto- space. And Buterin won't oblige Martin in a tit-for-tat on Twitter, so Martin decides they should enter. . . Thunderdome. How utterly. . . childish.

It also points out how most people. . . in the real business world, even the crypto- (read fraud laced) "business" world. . . won't even accept his calls or offers to speak. He's been snubbed by several crypto- conference organizers already.

But even so, Martin claims to be a proponent of stable-coins, over wildly volatile Bitcoin and Ethereum. I think he is going to struggle to make a living in this space -- too many people (rightly) see him. . . as a metaphorical punching-bag.

His hero, Elon Musk has been lately touting Dogecoin, causing a temporary spike in its spot price (likely so that Musk may exit his investment in it, at something near breakeven, overall). But Martin did not offer to fight Musk, after Shkreli called Dogecoin a "sh!t-coin". [Not that Musk is any athlete, but he outweighs Martin by nearly 100 pounds.]

Buterin is famously rail-thin -- and someone said the fight, if it occured, would be the weight class "tech-nano-weenie" first ever competitive bout. That's about right; but it will never transpire. Here's the source article and quote this morning:

. . .Shkreli’s revelation that he’s toyed with cryptocurrency on Uniswap after getting out of prison earned him the displeasure of Ethereum co-creator Vitalik Buterin, who said, "Platforms must find a way to incentivize higher-level thinking and behavior instead. . . .


I will leave you with that -- but do know that Martin remains vexed that the fake Martin account (AnonShkreli) has nearly twice as many followers as his Enrique account, and about ten times as many as his "ruleof5" account, each on Twitter.

What a. . . weird world this is.

Be excellent to one another, just the same. Out, into the sweltering sunshine, here.

नमस्ते

1 comment:

condor said...

Once from Portugal, at 5:12 am?

Hey you — speak freely on 03.03.24 here… smile.