Some individuals like Roubini have no kind words for Bitcoin. There are others like Jed McCaleb who think most ICO projects lack the technical merit to come through from their flowery white papers. He thinks Tron–and 90 percent of other ICO projects, is garbage.<\/p>\n
In a recent interview with Yahoo Finance<\/a>, he is astounded and yet to comprehend why investors continue to pour funds to projects that might not lift off.<\/p>\n \u201cThe allocation of capital and resources is wild to watch when these projects that have zero technical merits get millions of dollars. It seems like a big shame. Hopefully, that will start to change. One of the nice things that come with the market calming down\u2014I still say it\u2019s not a bear market\u2014it means there\u2019s less of that.\u201d<\/p><\/blockquote>\n Indeed, he may or may not be right. Considering the bear market of 2018 that saw crypto projects die, increasing the list of Dead Coins, there is some element of truth in his words. But, Tron\u2014despite his rather harsh comments, is a solid project whose native coin, TRX is liquid and listed at most mainstream exchanges.<\/p>\n 2018\ud83d\udc40: Main Net launch, more transaction volume vs ETH, more accts vs EOS, 1M users in 183 days, 80+ DApps in 60 days, top 10 crypto. 2019\u23e9: Top 4, larger ecosystem vs ETH, @BitTorrent<\/a> on the #blockchain<\/a>, \ud83c\udf0e largest decentralized ecosystem. Happy New Year & thank you! $TRX<\/a><\/p>\n — H.E. Justin Sun \u5b59\u5b87\u6668 (@justinsuntron) December 31, 2018<\/a><\/p><\/blockquote>\n\n