From: Jeremy Rubin <I To: Joi Ito .1 Cc: "jeffrey E." <[email protected]> Subject: Re: what do we know about Date: Wed, 30 Mar 2016 02:08:56 +0000 Some thoughts: 1) Popper in general is somewhat full of shit. Not a huge fan. 2) The DTCC meeting is probably a bit of a scam "that stuff is broken, use our stuff". It's all just as broken in my opinion -- or rather their stuff is more broken in certain ways. Their panels are underrepresented in terms of people building some of the more critical infrastructure and a lot more of the booze and schmoozer types. Not that there aren't good people listed there... 3) Ethereum is operating like a pyramid scheme to a certain extent. A lot of their claims are bunk. A concrete example is that they claim to not have the scalability problems Bitcoin has, which is a half-buth. They don't have the same problems, they have worse problems. They're trying to lie to a lot of people to boost their market cap because their companies are broke after poor business decisions. 4) Ethereum is (imo) far from even #2. The technology from Zerocash has a lot more promise for the future of cryptocurrency, and some of it has already worked its way in (see Zero Knowledge Contingent Payments, essentially a fair way to trade solutions to computational problems for bitcoin). It's number 2 in market cap, but the technology is assuredly not there. I think the closest analogy is that Bitcoin is designed a little bit like a web browser and Ethereum is like Java apps. Obviously a browser is a limited platform, but ultimately the sandboxing and isolation of a browser make a lot safer product than installing a more versatile Java app (which can install viruses, malware, etc). @Jere m Rubin On Mon, Mar 28, 2016 at 6:35 AM, > wrote: Jeremy can fill you in. We know them well. Interesting but in my view uncertain. Sent from my iPhone On Mar 28, 2016, at 13:40, jeffrey E. <[email protected]> wrote: http://www.nytimes.com/2016/03/28/bus