Vitalik Buterin called Bitcoin SV fraudulent coin

Posted 05 June, 2019


Ethereum founder Vitalik Buterin declared his negative attitude towards Bitcoin SV in a recent interview on the Hardcore Crypto YouTube channel, calling Craig Wright's cryptocurrency a scam.

Buterin also expressed his thoughts on decentralized exchanges and the worrying centralized accumulation of power by Binance.

SV: ‘Obviously a Complete Scam’

The host, Gray Jabez, asked what he thought of Bitcoin SV and most of the recent controversies associated with the coin.
Vitalik quickly switches the topic to excluding Bitcoin SV from Binance. He criticizes Binance, mentioning that the exchange "has great centralized power," and requests costly listing fees.

He talks about his negative attitude towards centralized exchanges and shares his vision of the future of decentralized exchanges.

Buterin outlines the various "levels" of decentralization that the exchange may have.

Obviously, Buterin is very unhappy with what Binance does.

“They asked for large listing fees. They influence which coins win and lose, decide which trade pairs they have - so it’s strange to comment on one decision (BSV delisting) without looking at all the others.”

Buterin fears that if Binance falls, the same can happen to most of the cryptocurrency market.

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06 June, 2019 10:47

← Binance releases its stablecoins within two months

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Binance releases its stablecoins within two months

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