@sippndipp @bumi Not sure I can read the whole thing, when it starts off with a ludicrous misrepresentation of what Ethereum is, and was meant to be, in the first place:

> Ethereum didn't catch up on replacing money

@sippndipp @bumi Oh god, it continues with the energy waste PoW nonsense. Sorry, I'm out after the first paragraph. :/

@raucao @bumi but it's true. And PoS is more economical. What about it?

@sippndipp @raucao It's just not that simple and such statements are imo greatly misleading. (especially when saying PoS is the solution)

but it's 2020 and I am actually done talking about/discussing that topic.

@bumi @raucao there might be something better and when it comes out then that's the thing.

@sippndipp @raucao nice write-up on an interesting topic! I am not following the defi world that much. we should actually talk business there some time...

But I'd also say the article would have much more trust and value if it would not simplify the PoW vs. PoS topic (stating that PoW is destroying the environment) and state it as the great
that just a way too big topic in itself and can not be simplified in such a one-sided sentence.

@bumi @raucao OK ok I got it :-) Mastercard and Visa are spending electricity as well. You should take a look at sablier.finance it's IMHO the most interesting product right now.

@sippndipp @raucao
no it's not the point that other things also consume electricity....

sablier.finance sounds interesting. are you following the bitcoin lightning network?

@bumi @raucao sure I think the bitcoin ecosystem developed some steem as well. We should definitely talk business more.

@sippndipp @raucao And I disagree with the volatility problem and that stablecoins are such an innovation for the space.
This just has to become somewhat centralized and tries to put what we have on a different technology and thus looses the ability to innovate.

Though DAI and MakerDAO are super interesting and I know too little about it.

@bumi @raucao look into things like centrifuge. They wouldn't make much sense with a high volatility. So it is a problem.

Centralized stablecoins don't make sense but decentralized ones make a lot of sense.

@sippndipp @raucao true and yep, exactly those are interesting in the Ethereum world.

I was not thinking about the more specific/narrow the context...

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