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this post was submitted on 05 Jan 2026
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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here's mine on their foray into smart contracts https://davidgerard.co.uk/blockchain/2021/09/06/news-the-eos-ico-was-a-fake-pump-cardano-smart-contracts-fail-cycling-vs-nexthash-microstrategy-de-indexed-el-salvador-live-tomorrow/
cardano is a shitcoin for traders to trade like a shitcoin and it pretends being written in Haskell by a mathematician who failed to get his degree, lied about going into a Ph.D program and claimed to have worked for DARPA but did not makes it very interesting and not just a shitcoin. this turns out not to be the case.
tl;dr UTXO was always fucking stupid if you wanted a system that did more than be a basic shitcoin
if a family member is into cardano nothing will get through. charles is a mathematical genius you see.