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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Uniswap Founder: People Rooting For Crypto To Be Shut Down Are Cringe

Dalmas Ngetich
Dalmas Ngetich
2 years ago
3 mins read
Crypto Uniswap Conflux

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Hayden Adams, the founder of Uniswap, thinks people rooting to have crypto shut down are “incredibly cringe.”

Uniswap Founder: Let People Be

In a tweet on January 26, Hayden emphasized that no one has forced anybody to use crypto, buy coins, or keep up with the latest events in the industry. He also added that no one asks for the “dumb” global fiat system to be shut down.

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Instead of opposing technology and infringing on people’s rights, he recommends that opposers let people do what they want and chill.

People rooting for crypto to be shut down are incredibly cringe. Like no one is trying to shut down the dumb fiat system you use, no one is forcing you to buy crypto; no one is forcing you to read crypto news or follow crypto Twitter. Let people do what they want and chill.

It is not immediately clear what triggered Hayden to vent his frustrations on Twitter. However, what’s known is that no-coiners, individuals who are against crypto, hold no coin, or show no desire to participate, have been shooting down blockchain and crypto proponents.

Tackling Nocoiners

Over the years, crypto’s volatility has been called into question, with many regulators and heads of agencies slamming top cryptocurrencies like Bitcoin. Billionaire Warren Buffet and economist Nouriel Roubini, nicknamed Dr. Doom, lead the pack.

In the aftermath of the FTX collapse, while attending the Abu Dhabi Finance Week, Nouriel said Binance’s CEO, Changpeng Zhao, was a “ticking time bomb,” and he was surprised that Binance had been allowed to operate in the Gulf state. He wants regulators across the world to “think carefully” about Bitcoin and cryptocurrencies.

As of January 27, the price of Bitcoin was changing hands at around $23,000.

Bitcoin Price on January 27
Bitcoin Price on January 27| Source: BTCUSDT on TradingView

Like Warren, Dr. Doom says cryptocurrencies, with which Hayden made a platform for easy trading, hold no intrinsic value. He always insists that crypto is the biggest scam in financial history. Nouriel mainly blames regulators in the United States for being “lenient”.

Crypto is the biggest scam ever in financial history. Their true value isn’t 0; it is rather negative, given their negative externalities. 100s of celebrities handsomely profited by peddling criminal shit coins and crypto scams, shafting suckers. The current fines are only a slap on the wrist. They should be prosecuted.

Uniswap is a leading cryptocurrency exchange, allowing for the trustless exchange of various tokens and NFTs. Founded in late 2018, the exchange, under Hayden Adams, has grown to be one of the world’s largest DEXes, serving millions of users across the globe. 

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DeFiLlama data shows that the DEX has a total value locked (TVL) of $3.8 billion as of January 27.

Feature image from Canva, Chart from TradingView
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Dalmas Ngetich
Dalmas Ngetich

Dalmas Ngetich

Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape.

Read more

His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto.
The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance.

His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry.

Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion.

Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers.

DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations.
Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language.

Dalmas is here to help make the tech easy to understand and digestible, even for beginners.
The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential.
This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting.

Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature.

When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills.
You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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