Vitalik Discusses Crypto Scam Examples, Reenacting the Classic BitConnect Scene #blockchain#web3

In a June 5, 2021 interview with Lex Fridman, Vitalik Buterin discussed the “gray area” and the “spectrum” of scams within the crypto industry. He identified BitConnect as a “100% scam” and a peak example of pure fraud, though he observed that such blatant scams are actually decreasing as the industry grows. Regarding Bitcoin SV (BSV), Vitalik labeled it an “80% scam”; while acknowledging that it technically functions as a blockchain with 512MB blocks, he bluntly characterized founder Craig Wright as a “scammer” and the project as a “money grab” supported by an “insane” community.
Source:https://youtu.be/1gfxP-954pA?si=CQmFskIIjjhd-2iq

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