Interesting that they both founded cryptocurrencies. It’s not surprising that academic success is uncorrelated with being able to run a good Ponzi scheme. Bernie Madoff was extremely successful in his time, but he wasn’t a prodigy either.
https://docs.cardano.org/explore-cardano/relevant-research-p...
If this is a ponzi then I have to give them credit, to be doing research at a university level in order to swipe me of a bundle of dollars is amazing. They don't have anything about making themselves richer at the expense of new users either, for some reason it's all focused on developing a great blockchain that is sustainable and is usable for dapps which ultimately provides utility for end users.
This continues to be a mystery to me as it seems no one can put themselves in the common man shoes. The common man doesn't care about tech. They don't care about the integrity behind it. They care about whether it can make them money.
List 5 coins I've never heard of and I'd probably say, "ponzi scheme" without hesitation. Do I actually know if it is? No. Does it matter? No. If the majority of shitcoins come off as a ponzi scheme, then why would anyone think something like Cardano isn't?
The "shittier" those "shitcoins" are, the quicker they'll die out. The ones that heavily incentivize early adopters might hang around longer, but they too will inevitably fizzle out if they don't offer any practical innovation.
But if something has a steadily growing user base year after year, maybe it's worth some attention after all?
Or you can just keep screeching "Shitcoins! Shitcoins!". I guess we can all settle for ourselves what form of discourse we consider more constructive and worthwhile.
Yes some of them are, but its a very legitimate technology that will change the world.