When I listened to
Pomp's podcast today, I thought about the lil dilemma that you had presented in your earlier post, fillippone.
When gods fail.
Jameson Lopp, one of my bitcoin idols, just gone full retard, selling his soul to a meaningless ICO:
Of course, I don't really idealize Pomp because he does have some tendencies to "give the benefit of the doubt" to a variety of shitcoiner ideas, and so on today's show when he was interviewing Alex about the potential advantages of any person creating their own personalized token (shitcoin), I began to speculate (in my mind) that Pomp was going to go down the road of creating his own token/shitcoin, and then he (Pomp) would be lost forever from any kind of possible redemption.
I will note that at about halfway into the podcast, Pomp and Alex started to get into discussing ethereum versus bitcoin, and through that portion of the conversation we could appreciate that even though in the first half of the podcast, Alex had seemed to have had a lot of smart ideas and even seemingly charitable in terms of his expectations around his personalized token (shitcoin). Once we got into the ethereum versus bitcoin discussion, we could recognize that Alex is a bit of a delusional crazy-ass nutjob, and surely in the delusional camp of a lot of eth-heads, and at through the fleshing out of that conversation, Pomp really was able to present quite valid arguments concerning why any person who might be somewhat materially established would be quite foolish to stake their finances and/or reputation into smoke and mirror shitcoin projects, even though there still could be a decent amount of short-term financial benefits for folks who do NOT have anything to lose to go down that kind of a risky career path.
Even though some members here might posture that this post (of mine) is going a bit too far down the shit-coin discussion path, I believe that in the end, I am largely providing additional ammunition and reasons why ongoing and continuous bashing on shitcoin projects is a fundamentally sound practice, especially for peeps who are trying to invest their value (whether time, psychology or finances) with attempts to maintain relatively solid long-term practices.. which definitely, in the end, should bring us back to showing king daddy at the top of those kinds of long term assessments.