Tuur Demeester blasts Ethereum in epic Twitter rant

"Investing in the Ethereum ICO was akin to buying shares in a startup that had “invent time travel” as part of its business plan. Imo it was a reckless security offering, and it set the tone for the terrible capital misallocation of the 2017 ICO boom," he says

Ethereum is at best a $13 billion science experiment, according to Adamant Capital founder, Tuur Demeester.

He made the case against Ethereum in a 50-point tweetstorm, during which he labelled it “the Yahoo of our day – an unscalable “blue chip” cryptocurrency”.

It is seriously good stuff, with other highlights including…

You can catch the tweetstorm in one place here. Enjoy!

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

telegram

Previous Article

Ledger hits out at wallet.fail presentation

Next Article

Justin Sun a happy man as TRON ends year on high

Read More Related articles

Latest Guides

Find in-depth articles, guides and videos designed to give you a better understanding of Bitcoin, DeFi, trading, security and much more.

Get started