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London Real

‣ Is Justin Sun the Ethereum KING?!

London Real

Brian Rose

Investing, Business, Technology

4.41.9K Ratings

🗓️ 16 December 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

You said, I think Ethereum should stay proof of work because it solves that problem from the ecosystem,

0:08.1

let it keep doing that and that will be at least something that's consistent and let the rest of us

0:13.0

work on the proof of stake mechanisms that are making everything fast. Did I get that correct in

0:17.7

summarizing something you said? Exactly. So I get into Eastworld also in a very early time. I

0:26.2

hold like even around like one million east, something like that. So I even hold more

0:33.1

east, more than metallic. So that's why I think my point of view is definitely some of the Ethereum

0:41.4

I can't really remember things. So actually, I think Ethereum is heading to a wrong direction.

0:48.0

So basically, Ethereum should be staying proof of work, not only not because of I'm developing

0:54.7

like Trump, some kind like compete with Ethereum. I want them to stay in the wrong way because

1:01.8

Trump is a POS is proof of stake rather than proof of work. But I really see something Ethereum can do

1:09.5

but Trump cannot. And of course, there is something Ethereum Trump can do and Ethereum cannot do.

1:17.3

So basically, it's just like Google and Android. So sorry, it's like Apple iOS and Android.

1:24.8

Basically, iOS delivers a very safe but very strict developer rule. So everything you develop

1:35.9

iOS is very safe and also of course, it's very expensive but that's why people use iOS in the

1:43.9

first place. And lots of people trying to use Android, right? But Android is very dangerous,

1:49.2

it's very easy to get infected by virus. And also, it's very easy to get hacked. But it's very

1:57.1

cheap because it's open source. Everybody can do well behind it. Like everybody using Xiaomi,

2:03.3

using Android, right? So all the people in Southeast Asia use Android. But nobody in the United

2:09.3

States use the Android. It's like Apple occupies like 80%, 90% of all the market shares in the United

2:17.5

States. That's how smartphone works. It's not like going to work. It's Apple like

2:25.2

switched their strategy also to Android as well. Because this is going to destroy the foundation

2:31.7

of Apple in the first place. Ethereum has the same thing. Lots of the whales these days using Ethereum

...

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