Is Theta Better Than Bitcoin?

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In this video, I discuss the Theta token and how it compares to Bitcoin.

Unlike Bitcoin, Theta is backed by VC's, had a large pre-mine and pre-sale that almost certainly violate US securities law, and runs on proof of stake with the largest validators being large tech companies like Google, Samsung, and Theta Labs itself.

Yuck, yuck, yuck.

The only reason that Theta Labs presumably chose to go with a token was so that they could get early exit liquidity (i.e. dump on naive retail investors) without having to wait for an IPO.

Theta is a dead project.

Not investment advice! Consult a financial advisor.

Theta token:
https://www.thetatoken.org/

Theta's consensus mechanism:
https://messari.io/asset/theta-token/...

Theta's presale:
https://venturebeat.com/commerce/thet...

Theta's initial token distribution:
https://messari.io/asset/theta-token/...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#theta
#crypto
#bitcoin

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