Bitcoin Q&A: Misconceptions about Lightning Community : Bitcoin


Did not he pivot to ETH?

I do take pleasure in Andreas' academic movies, however he is no Luke Dashjr. He is a enterprise, posturing as a charity. The man has made hundreds of thousands in donations and talking charges… is he spreading this across the group or preserving it for himself?

That is the distinction between individuals who perceive creating systemic assist vs temporal glory. Andreas has obtained approach extra compensation than anybody else, like far, much more… is he spreading extra BTC donations across the group from which they got here? Or is he utilizing BTC donations to leverage his ETH ventures? Or is he preserving all of it?

That is why I am considerably towards donating to folks like this; with out clear funds, and not using a plan as to what to do in the event that they obtain an excessive amount of, it's exhausting to know what is going on on right here. For instance, I need to assist some programmers however I concern that as an alternative of utilizing the donations they obtain for dwelling bills… will they simply re-donate them to different organizations, and so on? And in the event that they obtain too many donations, will they fund different programmers? If the donations spike, after which drop off… will they promote themselves for ETH?

That is why donating is not actually a sustainable follow. Not saying centralized methods are obligatory, however you want some form of transparency, at a minimal, and one thing of a plan for state of affairs A, B, C, and so on.

One factor that actually irked me about Andreas is that he supported a preferred ETH superstar who swindled one million or so out of an ETH programmer. The programmer was nerdy, quiet; the swindler boisterous and networked. Andreas was conscious of it… however he had a e book to promote, so he began kissing their ass; as a result of if he needed to get in with ETH, he needed to allie with the thief.

I requested him about it on Twitter, simply to verify he knew what was up (it was attainable he was simply unaware of the state of affairs). His reply:

Married {couples} battle, keep out it.

These two weren't married. It wasn't political. It was pure monetary theft. However he had some ass to kiss, so he stated no matter it took to win the love of the thief: Promoting your soul for cash is a poor man's cut price, to be the defender of villainy and scum.

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