Ethereum co-founder ‘Brilliant’ yet ‘Full of Shit’: Pharma Bro

Sahana Kiran
Source – Unsplash

The crypto-verse isn’t new to criticism. This one, however, was targeted at Ethereum co-founder Vitalik Buterin. Martin Shkreli popularly known as the “Pharma Bro” just got out of prison and has made an array of controversial statements. His entry into the crypto industry was contentious as it is. However, his dig at Buterin took the spotlight.

Ethereum [ETH], the second-largest cryptocurrency was one of the earliest digital assets. The altcoin has managed to remain relevant and is home to an array of projects. Buterin was just 21 years old when he formulated the project. Despite being bullish on ETH, Pharma Bro went on to make contradicting statements about Buterin.

Appearing in a recent Twitter space, Shkreli called out the blockchain trilemma, a concept put forth by the Ethereum co-founder. The blockchain trilemma focuses on how decentralized networks deliver only two instead of three aspects that include security, decentralization, and scalability. However, over the years, several have tried to prove this theory wrong.

Shkreli said,

“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.”

However, he still believes that Buterin was brilliant. He added, “No offense to Vitalik though, he was brilliant.”

Pharma Bro bullish on Ethereum

Shkreli’s infamous pumping of Daraprim by 5,000 percent brought him the label “Pharma Bro.” While this tarnished his image, Shkreli said, “I don’t really give a fuck.”

Apart from his comments about Buterin, he went on to suggest that Ethereum had the potential to take over Bitcoin’s place. He said,

“It’s hard for it not to happen given all the use cases for Ether.”

Additionally, he seemed to be bullish on other cryptocurrencies like Solana [SOL] and Algorand [ALGO]. He believes that Solana would sell for a lot more about five years later.