Don’t fight the inevitable: there will be an enormous Gold rush (we haven’t seen the wickedest yet) and yes, the house will burn down eventually. But the tech won’t vanish and the rush comes with essential infrastructure creation and adoption by larger parts of the world population. And I am sure that Vitalik knows all this.
maybe, maybe not. ethereum's entire life cycle took place well after the 2013 bitcoin bubble. it's important to remember that the entire cryptocurrency space and the market events surrounding it are 100% unprecedented. nobody can predict what happens next, even if bitcoin has continued to rise to new highs after each bear market.
So I take his tweet more as virtue signalling knowing that it will not change anything to what’s coming except for him being able to later on say the words: ‘told you so’. Well, that provides me with zero extra knowledge, Vitalik.
i think that both amir and vitalik are coming from a more noble place. neither of them have any want to accumulate capital, and i think both of them had much higher hopes for some "revolution" ushered in by cryptocurrencies and the protocols that would evolve from them. i was never that hopeful myself. i see cryptocurrencies as a shift in wealth distribution and technology, but they aren't revolutionary.
