This clown among many other economically illiterate devs were 100% convicted that Ocean will be bankrupt by the end of 2024, because they were leaving income on the table. I argued with them multiple times on Twitter that they’ve got no clue how Praxeology works. Still, they doubled down on their delusion. Today Ocean is the top 8th mining pool in the world. Next year it will likely be the 5th. Will they admit they were wrong? Ofc not, because all they really know is how to code. And you shouldn’t trust them even on that.

Reply to this note

Please Login to reply.

Discussion

Is "top 8th" supposed to be some kind of brag?

Interestingly, real Knots adoption (when looking at non-inflated numbers) is somewhere in the same ballpark as Ocean's mining share.

Cope harder

Time will show who is right and who is wrong and we won't forget who are the grifters.

Exactly. Posts like the one you quote makes me doubt the security, trustworthiness and priorities of projects like bitchat for android as just one example.

It’s a physicist syndrome; assuming they are so smart that they know better even in areas beyond their expertise.

Bingo.