Vitalik Buterin - People were more interested in the marketing of FTX and the “personalistic style” similar to that of “1930s dictators,” which is the “exact opposite of every ethos of crypto projects that try to be decentralized.”

“There is trust in a guy that goes around, wears a suit and gives himself a name like ‘Bankman’,” Buterin said today, noting the ads of the crypto celeb plastered around San Francisco.

Marketing has become such a big part of crypto, from social media to sporting events, Crypto is everywhere. People nowadays care more about marketing than the fundamentals itself.

“This year we’ve seen a huge number of things that break because they have a model which is fundamentally bad,” Buterin said when asked about the collapse of FTX and other cryptocurrency companies this year.

Centralization can be dangereous with greedy people involved in it, and crypto is a space full of greed. I have so much respect for Satoshi - how he stayed anonymous.

Ethereum isn't fully decentralized but it's a fundamentally great project and Vitalik isn't greedy anf has shown how nice of a guy he is donating billions of dollars.

Do you think decentealization is important, or do you invest in good projects and don't care about it too much?

Link to Vitalik's quotes