Jimmy Song: “EOS and Bitcash are scammers; ETH, a place for scamming”

Oct 15, 2018 at 22:15

Renowned Bitcoin developer Jimmy Song thinks EOS is a scam, Bitcoin Cash is worthless and a fiat money, and EOS is a platform where scammers thrive.

In an interview with Crypto Insider TV, Song first sought for an opinion on a newly launched crypto project which he had good words.

But when asked about EOS, Song grabbed the opportunity to let off his steam.

“Well, I think EOS is a scam, and I don’t think you should work on it,” Song said

“I don’t think it’s a real idea because it will die in a horrible dumpster fire in the next five years. Doing something for an ICO, that’s not going to last. You’re not going to have anything good on your record by joining a lot of this stuff.

As for Bitcash, Song has a similar stance,

“BCH has no reason to exist,” the crypto influencer said, referring the audience to his write-up titled “Bitcoin Cash is fiat money” which is part of his broader campaign to educate investors about crypto and blockchain.

“…please go read that if you want to see my arguments about why I think Bitcoin Cash is worthless or it doesn’t really have any value to anybody,” he added.

Song had also had something to say for Ethereum which he mainly described as “a platform for these scams.”

“[T]hat’s more or less their killer feature. I don’t think it’s technologically very interesting, most of the features that they have done are done in a very amateurish way. Like adding Turing completeness … that’s not used by anybody; it’s stupid,” he added.