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98 sats \ 9 replies \ @k00b 16 Jun freebie \ on: Why everyone in Crypto is a pussy - Erik Voorhees on Bitcoin & AI bitcoin
Erik always sounds exceptionally lucid to me. I don't know his history or pay attention to his non-bitcoin stuff, and I don't know what to make of his token interests or know whether they are scammy, diet-scammy, or I'm just a braindead puritan, but he says cool stuff about bitcoin.
Voorhees is extremely based and a very cool guy...he has consistently "put his money where his mouth is" and has been a major positive for the Bitcoin world as a whole.
His non-Bitcoin stuff is mostly limited to his stewardship of the Shapeshift platform. Of course, I won't bother trying to convince anyone here why such a platform is a good thing (as many folks on SN are wary of even acknowledging anything other than Bitcoin as being legitimate whatsoever), but the truth is, it's an entirely decentralized and trustless, automated service which people can use to swap between a huge number of different crypto assets. So, if nothing else, it is an additional funnel that can be used for people to turn their increasingly worthless shitcoins into good, solid Bitcoin.
Plus, he ran Satoshi Dice back in the day, haha. Seriously though, he's consistently had very good takes on so many subjects and is one of an increasingly small (depressingly so) handful of people who are both highly visible/popular in the cyrpto space but not afraid to speak his mind on topics many would often shy away from. When the government/IRS tried coming after him for Shapeshift, he spent years working to re-tool it into a fully decentralized (truly) platform that can remain operational in it's form because there's literally no one for them to go after. Frankly, that's just something that I personally feel almost obliged to support ideologically.
Oh yeah, and one last reason I can give for Erik being rad (before this starts to veer into some kind of a 'glazing' post or read that way) is that when he finished transitioning Shapeshift into a decentralized DAO, he created a shitcoin for it and gave away airdrops to people who were users of Shapeshift. I happened to be one of those users, and I received a very generous airdrop allocation, essentially for doing nothing but using the site to convert ETH that I had been mining on spare gaming PCs into Bitcoin to stack and save...I took all of the "FOX" tokens (the Shapeshift shitcoins) and sold them and bought more Bitcoin with the profits. If you ask me, that's a win-win-win.
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The swaps are decentralised using Thorchain (RUNE). Another shitcoin Erik promotes.
The only positive i see with it is you can swap from bitcoin to stablecoin and we know that there is a huge use case for this. However it has a major fault, you can't onboard fiat in a decentralised way and its kind of where the whole premise becomes unstuck.
He’s fascinating to listen to and I’m interested in what he has to say about AI and Venice in particular.
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That Bankless podcast with the ETH maxis! Seriously, watching SBF fail to put together any semblance of a cohesive thought or argument was scary to watch. At that point you can't forget he was advising an/or talking with Congress about legislation. Then less than a month later FTC imploded. I still think that debate had some serious impact, no one could have watched that and thought he was a serious person.
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no one could have watched that and thought he was a serious person
Again, I have to agree. It also happened to be the first (and I believe the only) time a saw SBF "in action". Of course I knew who he was, but seeing that Erik was going to debate him, was what made me watch that podcast.
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Yeah I saw that and it was one of the things that got me interested in his perspective.
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