Vitalik Buterin Calls Bitcoin SV an ‘Obvious Scam

Vitalik Buterin sat down with Youtuber Harcore Crypto recently to speak his mind on the recent Bitcoin SV (BSV) controversy. Buterin, however, says it demonstrated that Binance currently has too much power.

Binance may seem like the savior in this situation by delisting a clear scam like Bitcoin SV, but it points towards a deeper problem — centralized exchanges have too much power. Ultimately, the fact that the cryptocurrency market needed Binance to save it from Bitcoin SV shows the infancy of the space.