According to PANews, EthSystems’ founder this time didn’t beat around the bush: Ethereum’s biggest obstacle is, in fact, privacy.
His point is very straightforward—on-chain data is laid out for everyone to see; the little cards that institutions have can’t really be hidden. Who would dare to put money into it?
This has nothing to do with whether the coin price goes up or down; it’s a fundamental flaw in the underlying logic.
Think about it: if your holdings and strategy are fully transparent, what’s the difference from running around in the nude?
You can’t get past the compliance hurdle, and business secrets can’t be protected either.
Transparency was supposed to be a selling point, but it turns into Ethereum’s biggest roadblock to attracting large capital.
#Ethereum #Web3
His point is very straightforward—on-chain data is laid out for everyone to see; the little cards that institutions have can’t really be hidden. Who would dare to put money into it?
This has nothing to do with whether the coin price goes up or down; it’s a fundamental flaw in the underlying logic.
Think about it: if your holdings and strategy are fully transparent, what’s the difference from running around in the nude?
You can’t get past the compliance hurdle, and business secrets can’t be protected either.
Transparency was supposed to be a selling point, but it turns into Ethereum’s biggest roadblock to attracting large capital.
#Ethereum #Web3