Sunday, March 3, 2024

Martin Shkreli Says Vitalik Buterin Is Brilliant But Also “Full Of Sh*t”

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Martin Shkreli says Vitalik Buterin is actually brilliant but also “full of shit”, making the comments right after he got out of prison so let’s read more about it in today’s latest cryptocurrency news.

Martin Shkreli has gone full crypto and he got quite a few hot takes after getting out of prison. Martin Shkreli says Vitalik Buterin as the Ethereum founder, is a brilliant mind but also criticized him and bashed NFTs, trashing “shitcoin retards” that launched an altcoin in his honor. Shkreli as the former head of Turning Pharmaceuticals earned the moniker “Pharma Bro” after raising the prices of a toxoplasmosis drug Daraprim by 5000% and was convicted of securities fraud in 2017 so now he has been busy getting into the crypto industry early after he was released from prison.

Over the weekend, he claims that he learned to trade on the Uniswap decentralized exchange while being in prison. He claimed that he received perks in prison in exchange for giving the prison guards advice on BTC so now that he is out, there are reports that the felon is back on track. He is immersed in crypto and has plenty of opinions about the industry and the technology. He said that he doesn’t believe in Buterin’s concept of the blockchain dilemma with the idea that the blockchain networks have to make tradeoffs when attempting to achieve scalability, security, and decentralization at the same time. Shkreli also claimed that the Algorand founder Silvio Micali proved the trilemma was a weak idea:

“I guess he’s mad at me because I think he’s full of shit, that, you know, it’s sort of been proven that there is no blockchain trilemma.”

He added:

“No offense to Vitalik though, he was brilliant.”

Shkreli seems to have built a fanbase in crypto as a few days ago, the Skreli Inu token was launched after the hedge fund manager, and it is launched on Ethereum. About $ 1million worth of the token were traded on Uniswap in the past day and Shkreli claimed that he received half of the coin’s supply but that he didn’t create it. As for his opinion on web3, he said that he is interested but not impressed. He went on to defend his thoughts on pharmaceutical pricing and argued that higher prices are morally acceptable because most Americans have health insurance:

“I don’t really give a fuck.”

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