Unfiltered

Should Bitcoin and Ethereum Be Crying Wolf?

Bitcoin and Ethereum are playing games, and it is funny that nobody is calling upon them.

But, it’s hard to hate the good looking, perfect smelling, long-legged, almost divine beauties that hide just enough and show about enough.

There are problems that nobody is talking about, and these problems are everywhere. Literally, all over them, bitcoin and ethereum are not clean!

Firstly the newer blockchains or the so-called disciples to need to figure out how to govern themselves. This includes Ethereum. Then bitcoin needs to still substantiate and clear its volatility trap and we can not wait for the Singularity to happen.

Decentralized governance has not provided a valid system to replace corporate governance structures and this has reached bottleneck proportions. Second, the people who are being targeted at, really don’t know shit about blockchain, they almost hate it out of ignorance of it, then third, nobody knows if it can ever be viable or not.

Crackdowns by regulators and a growing understanding of how far most blockchain applications are from being ready for prime time have not just scared many cryptocurrency investors away, but that is not why cryptos are failing, their interoperability and their own weaknesses are. Can’t blame the haters, and the haters be like:

People say that the bitcoin and ethereum governance models have improved, new consensus systems that allow the tech to be upgraded continuously, with the size of the community not really mattering all that much. Like the Bitcoin Cash hard fork, crypto has a weird and vicious cycle of self-destruction.

But the bottom line is pungent and sick: Ther are more than 3,000 developers and entrepreneurs, largely men in their 20s and 30s, who in so far, have not been able to save the world. Ethereum doesn’t scale, and it won’t be able to any more than it already has, bitcoin gets clogged up, but that’s it. We need better blockchains. We need to understand that blockchain has internal issues. Learn to separate the fiction and hype from crypto.

Thanks to all the fan fiction and the loose reports that are usually against cryptos and sometimes overly fascinated with it because of the writer or reporters own lack of awareness and super loaded ignorance is why we have a problem here. The stupid problem of misrepresentation.

And all this time we thought it was the external forces when really it was all from the heart of bitcoin and ethereum. So, this time, it is you, not me baby!

Khunsha Javed

A Filmmaker, PR enthusiast & Editor of BlockPublisher-Unfiltered. I like things that make my brain tingle. Email: khunsha@blockpublisher.com or editor.unfiltered@blockpublisher.com

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