EOS Is A Scam, BItcoin Cash Has No Reason To Exist and Ethereum Is Amatuerish, Says Jimmy Song

While a developer or supporter of a particular cryptocurrency often attack its competitor to boast their’s as slightly superior. The frankness  or shall we say the harshness with which Jimmy Song, a popular Bitcoin developer and educator spoke about other cryptocurrency, in a latest interview with Crypto Insider is seldom seen.

In his interview for the Crypto Insider, song touched upon various subjects pertaining to several crypto projects and other blockchain technologies. Song opted to openly discredit a project that he doesn’t like with the same fervor as he praises a project he likes. .

Liquid Network

Liquid network, a project that seeks the implementation of a side chain in the blockchain of Bitcoin was fortunate enough to recieve appraisal from Jimmy Song. According to him the project potential is extremely positive for the future of the ecosystem:

“My opinion is that it’s a good first step towards side chains … Eventually, I imagine this will become sort of like a second layer network that’s more commercial and I think that’s a good thing. You know I like competition, I like innovation, I like when new things are tried out, so it’s something that I’ve been thinking about for a while. It’s called liquid for a reason, and it provides liquidity to everybody, and it should sort of even out the prices between all of these and any participant in this network that doesn’t have the same price as everybody else is actually more reflective of the fiat money in that country than anything else. So I think it will be a good thing. I look forward to watching more.”


When Vlad Costea asked Song to give advice to the budding  blockchain developers, the interview frankly framed a controversial question to start with, he asked Song about his feeling for work on Bitcoin instead of developing on other blockchains like EOS. Song reacted by saying:

“Well, I think EOS is a scam, and I don’t think you should work on it … Working for something EOS… I don’t think it’s a really idea because it will die in a horrible dumpster fire in the next five years. Doing something for an ICO, that’s not gonna last. You’re not going to have anything good on your record by joining a lot of this stuff.”

Bitcoin Cash

When Mr.Costea buzzed him about his opinion of Bcah, Jimmi Song said;

“BCH has no reason to exist, I wrote an article called “Bitcoin Cash is fiat money,” 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.”

Check out the full video here: