Conversation

it looks like stephen diehl's company no longer exists (no commits on their github repo in 2 years, website no longer exists, failed funding round), but he's at best a hypocrite (his criticisms of blockchain started well before his company folded).

A screenshot of Ajoint Inc.'s LinkedIn page, a "IT Services and IT Consulting" company with specialties in "blockchain, distributed ledger technology, smart contracts, automation, data privacy, security, API, and digitalization".

read image description

ALT

Replying to

They churn out endless deceptive content about it with inaccurate and misleading claims. Hard to understand why since there's plenty to criticize in the space. Never interacted with them but I have them blocked along with a couple other bad faith influencers promoting themselves.

Replying to

Yeah I'm extremely critical in part due to my prior experience in the space, but I'm open about that, when I stopped, and why I stopped.

Replying to

They've stated their goal is convincing people who are in the space but that's the opposite of what they do because they can see through all the misrepresentations, exaggerations and bad faith arguments. A simple example is pretending proof of stake still consumes lots of energy.

Replying to

and

They've lost me as soon as they present financial mass surveillance and censorship by corporations / governments as major positives. For people often claiming everyone who uses / works in cryptography is a fascist those thought leaders have some strangely authoritarian views.

Replying to

and

At least for me, reading stuff what they post does the opposite of convincing me cryptocurrency is bad and I'm starting from the position of thinking that non-trivial smart contracts are a terrible idea, most of the space is a scam and Bitcoin has serious privacy issues, etc.

Replying to

and

I'm open to the argument that Proof of Work should be replaced for energy efficiency too. However, I see lots of the arguments about that as being exaggerations, misrepresentations, etc. since they're attributing Bitcoin block rewards to transactions and exaggerating it all.

Replying to

and

I think projects like Lightning, Monero and Zcash are incredibly important as are efforts to come up with viable alternative to Proof of Work providing the desirable properties. Stuff like Tendermint is interesting. Don't see how their approach is meant to convince myself/others.

4:53 PM · Jun 1, 2022Twitter Web App

Replying to

and

I also have lots of personal experience with how substantial portions of the Bitcoin and Monero communities are terrible people who are anything but anti-authoritarian. Applies about as much to the overall Linux community and probably even more with the FSF / GNU true believers.

Replying to

and

I really like some of the things Zcash do, do you buy Zcash Daniel?

Show replies