mETH Heads: "I have A GREAT IDEA, let's build our blockchain's reputation around selling investments wrapped up in incomprehensible technical and financial jargon to the general public! Two subjects the public is most ignorant in! We'll make billions!
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Replying to @_Kevin_Pham
Ethereum space is full of former smartphone app developer refugees. They are the quick-rich crowd. They didn’t see much success in smartphone app development, so naturally they flood into blockchain and saturate the space as they did in apps earlier. Modern day gold-rush fools.
4 replies 4 retweets 25 likes -
Replying to @realLudvigArt @_Kevin_Pham
yo I'm a smartphone app developer
1 reply 0 retweets 4 likes -
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Replying to @realLudvigArt @_Kevin_Pham
Seriously tho to be a good mobile app dev actually requires a lot of hard work & solid CS skills. I’ve personally seen how hard it is to hire good mobile devs. True that the majority of apps nowadays are stupid but I attribute that more to stupid ideas than the engineers.
2 replies 0 retweets 2 likes -
Replying to @hugohanoi @_Kevin_Pham
Absolutely, completely agreed. My post was referring to quality of ideas rather than software engineering skill or talent.
I didn’t mean to come off as condescending.1 reply 0 retweets 3 likes -
Replying to @realLudvigArt @_Kevin_Pham
Yup, I kinda knew what you meant
just pointing out the subtle difference1 reply 0 retweets 1 like -
Replying to @hugohanoi @_Kevin_Pham
I don't mean to speak ill of any engineer or all of the hard work that people put into projects. It is hella impressive to witness all of the engineering talent. This was only in reference to the get-rich quick scheme crowd. Silicon valley has warped peoples expectations in tech
2 replies 0 retweets 1 like -
Replying to @realLudvigArt @_Kevin_Pham
Oh yeah trust me I’ve seen my fair share of overhyped / nonsensical ideas coming out of the valley & I’ve only been here a few years
Uber-for-X, blockchain-for-Y, chatbots, IoT, machine learning etc. there’re some phenomenal engineering tho.1 reply 0 retweets 3 likes
The ratio of good/bad ideas in crypto might not be all that different relative to the larger tech industry. What’s uniquely different about crypto is the ability to scam money from a large number of people. In traditional tech, the damage is kept local to the VCs.
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